The question you should first ask yourself is why would the seller enter into one of these creative transactions instead of pursuing a traditional sale?

There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.

You can do this in two ways; leverage a percentage of the cash flow and collect dividend then add active partner through dividends, or traditionally sell interest to an active partner.

Tradition land loan What was the outcome?

In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.

The alternative is to save up 20-25% down and do more traditional investing.

In my experience, section 8 tenants can be a real pain and should be vetted more from a holistic perspective than from a traditional quantitative perspective.

This is similar to how a traditional mortgage works when a bank requires an escrow account.

How they twisted Gods word and used ceremonial laws and mans traditions than actually doing what’s right in the sight of God .

But considering we have to go with the traditional 20% down payment, we know we do not currently have the budget to get an STR that would stand out and have all the amenities that we would like to be able to offer and be in a great location.So I would like to ask for some advice from all the experienced real estate investors on BiggerPockets.Do we get in the game now?