Managing a large renovation budget required careful oversight to stay on track.

We're exploring creative ways to provide him with the cash needed for the down payment while avoiding triggering a taxable event.One strategy we're considering is purchasing his future primary residence ourselves, making the mortgage payments, and then, once we've built enough equity—comparable to the appraised value of his rental properties—transferring the title to him as a form of exchange.What are your thoughts on this approach?

The other property is a cottage built in the mid 70s and requires significant electrical/plumbing work to bring up to code.

--Financing:I would like to do 20% down, or more if needed, but I would like to avoid 100% cash offers as it would likely be the majority of my liquid assets.Question: How does financing differ from the mainland?

I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.

This was a great way to keep the home in the family and avoid the house going into tax foreclosure.

However, achieving success in this space requires more than purchasing property—it takes strategy.

Most lenders require the delinquent balance to be paid before approving a VA loan assumption.

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

Wholesalers are not regulated by Real Estate Agency, therefore not required to abide by certain laws and disclosures.