You can also do a Deferred Sales Trust, again all depends on what you are planning to do with the proceeds of the sale.

Do not use the 140K as a down payment on a new rental you plan to hold for a long time.

Lot Size 350m2Lot Price: $30,000Construction: $100,00020% Down Payment and 48 months; 0 interest.We are looking at getting our first Short Term Rental in Tulum Mexico. 

There are many players in the market, one of my preference is Prypco Blocks, below are few reasons to trust:- It is founded by Amira Sajwani (Managing Director - Sales and Development, DAMAC Properties)- They're regulated by the DFSA, which adds a layer of legitimacy.- They offer a digital platform to track your investments easily.- They claim an 8-12% expected net annual ROI, which sounds promising.But it's always better to do your research and understand the risks and be sure before investing any money.

FSBO, expired or folks that agents cold call) may require multiple appointments because it takes more time to develop trust, identify the ideal timeline to sell and agree on pricing/commission/etc.- Warm sellers (i.e. referrals and people from agent's database) may already trust you and just want to meet to get an understanding of the process/next steps.

Thank you for your response, My current income is about 75,000 a year, My credit card debt total is approx 40,000.00 which consists of 2 car payments and medical expenses. about 6000.00 of it is money I loaned or I guess gave to family and friends, Not to mention the cash I have loaned or given away, I am going to stop being a leech and start to put my needs first, I will get there eventuality!!!

Would rent payments need to be paid to the LLC?

Rates would have to drop a lot to reduce your payment hundreds of dollars after only a year.

I have reason to suspect the trustee also has a title with her own LLC, a Land trust, or some other form of separate ownership documents for her self on this property, and hasn't told me or my sister, who knows nothing about real estate, and doesn't care.

You could be with your bank for 50 years and if your credit score drops, or you miss a payment or do not show enough income for the debt to income ratios, your not going to get the approval. regardless of how many years you have been using them for checking and savings or even your business account!