Ensure there’s adequate parking and that landscaping is well-maintained.

Quote from @Jerry Velez: Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued.

It’s not easy to look past the skeptics, but your approach clearly paid off.As a Direct lender, I appreciate seeing how you creatively structured the deal with owner financing for the purchase and private money for the rehab.

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

They will check for everything to ensure safety and habitable. i.e. doors/locks, lights, detectors, windows/screens, appliances (stove with anti-tip plate), hand rails, wiring in the unit and in the basement, lead paint (if children).....etc6.

The Creative Investor Meetup is designed for beginning to advanced investors who would like additional strategies when constructing deals.All aspects of real estate investing will be covered including (but not limited to) - Wholesaling, Flipping, Buy and Hold and Commercial with an emphasis on Creative Financing.

However, I’m new to navigating such a situation, and I’m looking for guidance on:Collaborating with neighboring property owners to reduce costs and share resources.Structuring deals involving land contributions and joint development efforts.Attracting capital partners for projects like this.I think this could turn into a win-win for everyone involved, but I want to ensure it’s planned and structured correctly.

To make it work, ensure your HML allows second-position financing, negotiate favorable seller terms, and have backup exit strategies.

A CPA can ensure proper filing of rental income on Schedule E and help identify tax-saving strategies, such as optimizing deductions for maintenance, repairs, and travel.

This ensures compliance and may help with future tax benefits.Kansas: File a resident return, including the Missouri loss, which can offset other income in Kansas.Even though no Missouri tax is due, reporting the loss properly in both states is essential.