The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

Just have an honest and open conversation with your agent about this early on.

Also, by utilizing the field in the MLS for garage apartment or mother in law suite will help pick up in the searches online too.

Heu Jaron, congrats on killing your first house hack!

It appeals to desperation on both sides of the transaction, which also makes it a great online class to sell... 

Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?

Hopefully they moved on to a juice processing plant for culls.  

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

Can you set up an account and post a rental directly on Zillow if you are not a realtor?