It is a lot of traditional sales.

If the house you are going to sold was your owner occupied primary residence AND you have occupied at least 2 out of the last 5 years all gains up to 500k a exempt from taxes. and remember equity and gains are not the same thing.

Bringing your family along also puts a serious damper on that the primary purpose of the trip was actually for business - not impossible, but in my eyes it definitely taints it in a way that you really want to ensure everything is buttoned down on the business purpose and the actual business activity that occurred.

I have a former primary residence I want to convert into a rental.

It’s great that you're exploring private equity as an alternative to traditional lending due to your religious considerations.

I'm new to the community and looking to buy a foreclosure as my primary residence and my first BRRR (of sorts)I am a General Contractor so the repairs do not scare me at all.

I have built enough equity in my primary home.

They are working on setting up my estate plan, traditional LLC, and my series LLC which should take about 6-8 weeks.

I do not think this is a one size fits all answer and there are times where private lending is preferred over traditional financing.

. - Wife and I never made over $150k combined- Buy and hold is the primary strategy- House hacked twice- Took some major hits along the way.