•LLC Transfer: While many investors do quit claim deeds to transfer properties into LLCs, some lenders don’t enforce the due-on-sale clause as long as you keep making payments on time.

They use the rent payments to offset the debt if I have rented the properties for a couple of years.

While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

Quote from @Joseph Mena: Are the going/common down payment minimum for duplex's (20%) tri/quadplex (25%)?

What is your price range/down payment amount?

Tenant(s) name(s) and contact information, start/end of lease, rent rate, pets, kids, etc.Create a section for tracking rent charges and payments.

Quote from @Anshuman Thakur: Can someone please shed some light on how- convert 401k to SD IRA- how to use SDIRA to buy properties- how much down payment is typically required if we are using SDiRA to only fund downpayment on a multifamily CRE, and which banks typically work with SDIRAs- how does LLC structure- property management and cash flow work in this situation?

Know that every long term lender will require a survey and if something comes up on it when you are trying to sell or refi, you could get stuck in hard money without an easy or quick way to get out.Is there a pre-payment penalty?

Have you considered using a down payment assistance (DPA) loan/grant for this purchase?

I do agree with @Jules Aton though, the best option may be to wait and save up for your down payment.