Option 1: Lower Down, Higher Rate (10-15 Year Term)For the Seller: Steady cash flow, better return than banks/CDs, avoids capital gains hit all at once.For You (Buyer): Lower upfront cash, keeps more liquidity for operations, long-term financing stability.Offer Price: $2.2M (Full Asking Price)Down Payment: $220,000 (10%)Loan Amount: $1,980,000Interest Rate: 8% FixedAmortization: 25 YearsTerm: 10-15 Years (Negotiable)Monthly Payment: ~$14,846 (P&I on 25-year am.)Why It Works for the Seller:They get a consistent $14,846/month income instead of a lump sum that could trigger taxes.8% return is way better than typical bank investments.Avoids broker fees (~$100K savings).No property management headaches—just collects checks.

Lenders typically look at your full tax return (Form 1040) with Schedule C (for self-employment income) or Schedule E (for rental income) to verify income.To qualify for a home loan, banks generally require:At least two years of reported self-employment income.Tax returns, bank statements, and possibly profit & loss statements.A solid debt-to-income (DTI) ratio to ensure you can handle mortgage payments.If you’re newly self-employed and don’t have two years of tax returns, you may need to look into bank statement loans, which some lenders offer based on income deposits instead of tax returns.

those would be tough to land shiloh  maybe friends or family.my advice FWIW is total liquidation IE sell it all.. get out of debt and start over . 1.4 mil in equity probably will realistically boil down to less than half of that in cash..

Welcome @Mark E Griffin! 

All are current on preferred returns and I’ve had one liquidity event ahead of schedule.

Pricing from Taxstra to me sounds reasonable for what they are offering for filing your personal return with multiple schedule E's for the investments.

For example, you may have one account for 5 different properties in 123 LLC and in another account, you have all the E main st LLC properties. 

If you have the means to cover debt, you can avoid the accounts being liquidated.   

It's fair to be skeptical of any program that teaches people how to become GPs without addressing the balance sheet requirements or the reality that experience and liquidity are often the biggest barriers to entry.

Quote from @James E Fraley Jr: Thank you!