Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.

Note - if you live in your property for 2 years out of the last 5, then you don’t pay taxes on the profit. 

U will never get a dime of rent and you are going to have to probably do as you stated find your own attorney.. its better to leave property vacant than to rent to folks that have terrible credit.

If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.  

These properties can appreciate in value and offer tax benefits like depreciation and mortgage interest deductions while financing terms are often favorable.

Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).

If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC. 

Whether bank or credit union - either will work. 

Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

We only require a soft credit check as well.