Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future. 

The information contained in this post is not to be relied upon.

Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

@Mike ReynoldsSeller financing is allowable for Solo 401k purchases.

They offer invaluable insights into neighborhoods, regulations, tenant demographics, and market conditions—information you can't get from books or podcasts.The good news is that working with an investment team typically comes at no extra cost.

As I build my career as an agent, I’m also passionate about real estate investing, specifically with a goal of purchasing multi-family, buy-and-hold properties where I can live in one unit and rent out the others.I’m here to network, learn from experienced investors, and contribute to the community.

@Nick Henry this also comes down to how much time you have available and how much effort you are able to put into purchasing a home or building and doing renovations and then finding quality residents to live and take care of your asset.

Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.

This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors20 years ago I purchased a SFR as a long term rental investment that sat on a double lot.  

We are considering the following options:-I purchase the property from my aunt – Perhaps we can do seller financing to reduce fees?