They also did the STR model while househacking and are doing well.It can be done, but you may need to get a bit creative with your tenants, not just relying on the LTR model.Best of luck!

Reality: In the beginning, most people need help to start growing their funds. he enables this through his network, teaching and creative options to access OPM.

https://www.zillow.com/homedetails/15-Windle-Ave-North-Graft...
Hey Guys, 
I’m working on a deal that’s a bit complicated due to the subdivision of land, and I’m having trouble accurately comping the subdivided parc...

Where other people see a mud hole, you see a nice building pad.Key thing is you personally have to be creative.  

In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

They are however good at 20-25% down commercial portfolio loans if you need a creative solution so it depends on what your intended use is, your preference is, are you trying to get maximum leverage aka lowest down payment or is rate or cost your main preference? 

Is there creative ways to get a first home you wish you knew about, that I can try to do?

Thanks Kevin, Thanks Peter..Good info, we are trying to get cheaper money by financing it ourselves and getting 1 partner in on the deal.15% do seem high, i can see myself running for the fences at 15%, but like you all said, every deal is different and we do have to find creative ways to play with the numbers.

I’m considering traditional lenders, but open to creative options.If I were to bring on an equity partner, what’s a fair and motivating structure for both sides?

Sure, there were a few hiccups along the way (like when a shipment of materials got delayed), but with some late-night calls and a bit of creativity, he turned it around.On the flip side, turnkey properties offer immediate cash flow with less day-to-day hassle.