It’s important to highlight several key restrictions that apply to the Affordable ADU:No Related Renters: The Affordable ADU cannot be occupied or leased to the owner, any relatives (by blood or marriage) of the owner, anyone employed by the owner, or anyone connected to any entities involved in ownership of the property.Student Dependents: The Affordable ADU may not be leased to student dependents, as defined in the U.S.

I found it off market through a cold call and negotiated directly with the sellers How did you finance this deal?

Enroll by 12/31/23 and you'll receive special bonuses, including exclusive content to apply what you learn in 2024 and an opportunity to win a 1:1 coaching call with your instructor.

My team and I have done quite a few lot splits, and can definitely help guide you in the right direction if you'd like to chat with our team.

Hi Laura, I have done a few deals with family and friends, and the Most important piece to this deal is ensuring that whichever direction you move in is clearly explained to all parties, written down on paper (preferrably with an attorney) and signed off on by all parties. 

Apply, move forward, fail, review, adjust, retry, succeed, create new goals & repeat.

Here's an example:This month Property LLC#1 receives $2000 in rent and incurs $600 in direct expenses for a cash flow of $1400.  

@Sean Quinn The majority of loans to real estate investors are done to LLCs, but they are underwritten using your personal FICO score and most require a personal guaranty, so the "corporate shield" won't apply.

This applies more so based on location not on or in all scenarios that is why I mentioned avoiding a CALI purchase if possible.Hopefully that makes sense based on previous comments. 

I started off pretty unsure which direction I wanted to go and ultimately landed on house hacking, which I am a little biased but think is the best route for rookies.