What strategies were you considering? 

You also want to think of what the exit strategy is for both parties.

Are there strategies, financing tips, or resources you’d recommend for someone in my position?

Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.

@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

I’d like to know if there is any measure or strategy I can do beyond that.

• Is this a better strategy than using your own name, capital and credit to start out?

Using a HELOC to fund your first rental can be a great strategy, especially if you want to preserve your cash for other expenses or unexpected costs.

@Simon HorowitzNavigating the New York real estate market can be challenging, but with a focused strategy and strong networking, you can make significant progress.