It’s definitely smart to evaluate the tax and cost implications of your funding options.

You might also consider creative strategies, such as renting parts of the property to cover expenses while you navigate the process.Best of luck, and I’d love to hear how things progress.

I personally find that half the battle is just getting myself to write down & track progress

Keep us posted on your progress.

Hi Vijay, Can you provide pics, the zip code and numbers so readers can evaluate your deal? 

It is not very difficult or complicated to evaluate commercial real estate, there are plenty of good books available that can teach you how, textbooks, online courses, community college classes, even excellent youtube videos etc, and it is actually quite enjoyable in the process to learn.

I’ll keep your offer in mind as I evaluate opportunities and have questions about loan products or financing options.Thank you again for the support and encouragement.

And how much progress has be made?

These are the top three features I always keep in mind when evaluating a potential property:1️⃣ Location Matters: Properties near attractions, with great walkability, or offering something unique—like a waterfront or mountain view—tend to perform better.

I'm currently in single family homes and apartment buildings in central and west Texas but have been evaluating a few residential assisted living homes + business / license to purchase in Austin and San Antonio.