Would it break fair housing laws to say we are not willing to work with the program since it's not a source of income and they pay on their behalf?

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

Sold it for a profit fairly quickly.

it is illegal to offer Less than fair market value of any property in the fire area that is less than what the value was as of Jan. 6 2025. 

During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.

Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning. 

One thing to be careful with though is that if you go the personal loan route, you need to ensure your DTI is still fine and you will still qualify for your VA loan assumption AND the second mortgage.

With Debra's expertise and keen negotiation skills, we secured the home for $100,000, ensuring it was positioned for a profitable and quick resale.

During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure? 

That's fair.