An alternative is purchasing the new property in your names and later transferring it to the LLC, but this may trigger the due-on-sale clause unless lender approval is obtained.

Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

I'm not rich, but I make a very healthy living and I'm around a 7 figure income.

Over time your property value will continue to go up, which you cash out on the sale.3.

They've been advertising their new construction inventory on my Investment Properties For Sale Show since Q4 2024.

Instead, relying on recent comparable sales (comps) from MLS, local realtors, or an appraiser will give a far more accurate picture of a property’s post-rehab value.Any Advice you wish you knew when you started? 

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

Real estate agents tend to want to make a sale and they are not as experienced with the rental market as they are the sales market.

My main Partner is Chase because gives the biggest limits great when it comes to building a relationship and getting BLOCs and other things also would recommend local credit unions biggest thing you always need to figure is the banks Cap of what they are willing to lend until they need everything Chase for example is 150k Citizen Bank if in area a great one for Blocs only require bank statements to calculate how much you can qualify for.

@James Thompson Transferring property from your in-laws to you can be done through a gift, sale, or trust transfer, each with different tax implications.