I own land in Eastern KY that I want to owner finance to my niece who lives in Texas.

I would like your opinion on whether it would be better than finance the whole purchase with a HELOC from my primary residence or only get the down payment from there and get a traditional mortgage for the rest. 

You could also explore other options, such as seller financing the property for another investor.

Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.

How did you finance this deal?

TLDR: I found a seller who is open to a financing an off-market 5 unit multi family home near a major hospital in Denver.

We will finance the 25% down with a loan at 3% from a life insurance policy loan and hope for the best on the conventional investor loan we will have for the purchase money.

Real estate investors have a variety of financing options available to them, depending on their financial situation, investment strategy, and the type of property they're interested in.

How did you finance this deal?

One of my favorite programs can finance property values down to $75,000 - however, I've had exceptions granted for clients with lower values as long as the loan amount stays above $50,000.