Happy to help with some creative strategies and chat through some options!

There's a lot of conflict resolution and creativity needed to close wholesale deals so a mentorship from someone crushing it in your local market would be life-saving.Good luck!

I have had more than a few situations lately where a client was gung ho about some creative 1031 related transactions (drop and swap, construction exchanges).... until we brought up how much the legal /exchange / related accounting fees could add up to. 

I view our Insurance agent as a strategic team member--anytime we start to get serious about a deal they will run reports, even help us pull comps and get creative about what the right coverage is. 

Are there other creative tax strategies that involve real estate that I should be looking into?

I find my deals off-market and do some cosmetic updates.In short, it's not for everyone and many will fail trying to run this playbook from out of state (or even locally).There are still areas and markets that work, you just need to be more creative or willing to put more work in than you did in the past.

However, you can get way more creative with financing on commercial properties than you can with SFRs.Do not buy a multi family in the worst parts of the city!  

You either have to get creative or look elsewhere.

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

@Walt Viera if you can't come up with 3% down to buy a home via FHA loan to house hack, then you're stuck with:1) Wholesaling2) Creative financing3) Finding a family member or friend to lend you funds or partner with you