And they're cheap or nearly free.  

It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property. 

Your best approach is to assume the loan in your personal name and explore legal and financial strategies to integrate your entity afterward.Feel free to reach out with further questions—I’d be happy to help!

Feel free to reach out to see what we can offer.

To avoid actually collecting money every week the lease agreement stated that the term was week to week, but if you paid in advance for 4 weeks worth of rent on the 1st of the month, you would receive the remaining days of the month at the discounted rate of being free. 

Feel free to DM with any specific questions or just to connect.

Best of luck to you working through the renovations - if you need any design advice, feel free to reach out!

There are companies out there who handle the entire process for you from top to bottom so it can be a very safe, comfortable investment that's seamless for you.Feel free to reach out if you have any questions.

Feel free to reach out with any questions.

Transitioning to a Second Property with Low Money DownIf a second FHA loan is not an option, here are alternative strategies to minimize your out-of-pocket expenses:Conventional Loan with 5% Down: Once you’ve added equity to your current property, consider refinancing into a conventional loan to free up your FHA eligibility.