Once you’ve identified STR friendly locations, figure out your financing with your brother to help narrow down your price range and market options.

It's just another option if 1031 exchange isn't an option.

You have an exciting opportunity at your fingertips, some cash purchases could make sense in higher appreciation markets if you were looking for other options or to diversify.

Also, explore creative financing options like seller financing or private loans to reduce upfront capital needs.

They offer some good options for sellers that want to move property quickly. 

Biggest piece of advice: Don’t overthink it—your first deal won’t be perfect, but it will be your best teacher.If you ever want to talk through loan options or strategies, happy to help.

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!

Start by defining your investment approach—house hacking with a VA loan is a great option for a multifamily property with no down payment.