The banks wouldn't lend, so I had to get really creative in finding a deal that would work for me in today's market, and I am going to share with everyone how I execute, and what I do with my property.Finding The Deal:     So I began telling everyone I know in December of last year that I was looking to buy another property.

Its also a great way to learn about creative strategies like subject to purchases which will allow you to acquire rentals without getting a loan from the bank.

I will definitely take incorporate in the extra 10% for rehab cost. 

Hopefully, when other military members see these stories and creative ideas they will decide to educate themselves further and take the plunge for themselves.  

Wholesaling is a great way to learn to source your own deals creatively without being dependent on MLS for leads.

The market I’m in Austin TX is really competitive when it comes to Real estate, so I’m trying to get creative as possible.

I have to get out of the loan, so other than putting it on the market, not sure if there is any other way to creatively finance or other lenders I should be speaking with?

@Kat N.Having your property in an LLC or not does not change anything regarding depreciation or expenses deduction.It is usually tax neutral unless you add a property management Corp in the mix that can give you some more creative tax optimization strategies regarding fringe benefit, retirement and some other expenses that you would had problem deducting in your disregarded LLC.

I decided a long time ago that I didn't want to deal with lenders, negative title companies, uneducated agents who don't understand, creative financing, options, delayed settlements, subjects to financing deals, seller take back, split notes or JV offers.At 78 years old now and on home lock-Down, I have more time to do Joint Ventures with other investors nationwide and more time to practice my art.this is probably more information then you need to answer your questions.Good luck, be safe and stay healthy,Charlie

It is possible to develop a creative way to achieve multiple investors in a first lien position, but it’s creative.