It can be a bit of a juggling act, but it’s a method some investors use to grow their portfolio without waiting years for equity to build.I guess what I'm saying is, it's not just about waiting.. it's about finding creative ways to leverage what you already have.

Work with your CPA to allocate more value to land and structure.

So its either all cash, findings those needle-in-a-haystack lenders, or would need to be some other creative structure

My answer, yes I currently am buying a $165,000 property in Phoenix (not listed on the MLS) using one of my methods to find, using only $5,871 plus closing costs of my money.

RE investors do this type of structure all the time (though most don't house hack).

If seller financing is the route you go, you might consider getting creative with the structure to make it work for both parties.

My understanding is that the ballpark standard of "unless it would be outrageously tough" (something along those lines) is what applies if you're doing a rehab, seeking new permits, doing structural changes anyways, and things of that nature.For existing pre-ADA structures, my understanding is that the standard is more along the lines of "if it can be easily/cheaply done, you have to do it."

(aka the BRRR method).But, if you stay on the sidelines, acting fearful and not greedy, you will reap the benefits of neither.Again I do think we see an early pullback in 2025, in the first 100 days.

Whichever strategy you choose, ensure you're adhering to IRS rules about prohibited transactions and working with experienced professionals to structure deals properly.Regarding non-recourse hard money lenders in San Antonio, I don’t have specific recommendations.

As to structure and conflict of interest, I was initially planning to structure it as an equity fund but was told it might be more attractive to investors as a first lien debt fund and to use it as a bank for the LLCs deals.