Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

Most likely a "discount listing" Owner pays realtor a small amount upfront to add it to the MLS.

If you want to establish a long term relationship with someone who lives eats and sleeps creative financing and loan products - I recommend getting in touch with a well-versed broker who manage the relationship and introduce you to competitive products in the market.

There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).

Additionally, for the AR llc, do I need to register the LLC in California as a foreign company?

I’ve realized I need additional help—someone local, like an assistant.Here’s my idea: I was thinking of purchasing a small piece of property and putting something modest on it, like a single-wide home or a similar small structure.

Some carriers won't allow insured to be a trust, so in that case do it in your company name with trust as additional insured.

@Ryan VienneauAre they able to set-up your credit cards as additional "accounts payable"?    

Seller will be taking a 30k+ loss with this route.325k with 50K down to seller, 3 years of payments $1600/month, and a balloon payment of 215k at the end of 3 years.Benefits to me: (1) 10k less downpayment, (2) with the conventional route, the loan would be at 228k after 3 years of payments, so I will gain additional equity with the 2nd option since I will owe 215k (presumably I will have to refinance at that time).Benefit to seller: she gets over asking price, 50K upfront and $300/month of cash flow.Does this offer and structure sound reasonable?

So you have to weight risk to reward.. and sometimes we have to eat one that we bought it happens..