Keep in mind that strict rules apply, such as avoiding self-dealing, prohibited transactions, and personally benefiting from the property.If you’re not looking to involve your IRA directly in the property purchase, you could explore other creative financing strategies outside of your retirement account.

I love creative financing, who doesn't?

This is next level genius!

Creativity and determination can turn things around, even in dire circumstances.Always look out for your own interests.

(the seller side) This is for those involved or interested in becoming involved in creative finance, especially SubTo.

Creative and thank you for sharing, I'm sure this will help a lot of people in the same predicament. 

In your scenario you'd have a potential tax event on that $200K difference.Here's a creative way to access most of that money tax free however. 

Speak with a local Realtor who knows the market, but also is knowledgeable about creative financing options.Good Investing...

Sometimes needs to be creative to get the deals.4.

While BRRRR works for scaling, explore turnkey rentals or creative financing in cash flow-heavy markets to accelerate growth.This post does not create a CPA-Client relationship.