Gap funding can help cover the difference between your available funds and the down payment required by traditional lenders, but it often involves higher interest rates and adds complexity to the process.Finding off-market deals can be challenging, especially for beginners, and higher interest rates may mean lower rental income.

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.

It does not give you the protection of a properly formed LLC, but it does provide a bit of anonymity and can spell out the division of income to the beneficiaries in the trust docs.There should be no transfer tax involved with the trust, and it will not trigger any due-on-sale clause thanks to Garn-St Germain.BTW, if you do use a trust, only record the Deed into Trust, but NOT the entire trust declaration. 

We use a trimerge credit report which looks at all 3 bureau accounts (Transunion, Equifax, Experian) and we use the 2nd highest score.

We plan to list the 10 under the property management company AirBNB account.

Still not a lawyer or a COA, make sure you use a QI like @Dave Foster for the exchange, and a cpa or at least an accountant for your taxes.

I'm guessing that would be something like 14% if anyone would touch it.Probably needs to look at other options like hard money on the new project, borrow from 401k or stock account or life insurance.

Additionally, having long-term goals like apartment syndication demonstrates drive and vision.There are various phases involved in getting started in real estate.

@Adam MaciasLet’s turn the tables on this, what percentage of so called real estate investors bought a property in 2023There are 2.5 million accounts on BP.

The advantage at least of this approach is that I could walk away, and although I'd lose my 5% deposit, that would likely be cheaper than being involved in a  long drawn out legal process as I continue to absorb holding costs (taxes/insurance/maintenance, etc.).