Even if you pay cash for the property, create a mortgage for the property through a trust you set up so that the property has sufficient liens to keep the bad guys from your business.  

Purchase price: $250,000 Cash invested: $5,000 This was a property my wife and I purchased to live in while fixing it up with the idea of renting it out.

@Jingwen Dunford It's also common to have the waterfall structure of an operating agreement define any excess cash over the preferred return as return of capital in addition to capital events such as a refi or sale.

Let's say you want to stay conservative and only take 50% LTV, or $500,000.00, so that you don't have to sell anything in case of a market correction and there's a margin call.Step 2:  Purchase a rental property, all-cash, with that $500,000. 

That house is an asset that perhaps could have or should have been sold to pay that debt and filing a potentially false deed after they pass away could be a way of avoiding payment of that debt.

Purchase price: $235,000 Cash invested: $39,000 Bought as a primary residence, once we moved out we have begun renting both sides.

How does one setup a payment plan.  

After a month I had both sides rented at $650.00 and it was cash flowing great.

Purchase price: $735,000 Cash invested: $1,060,000 Sale price: $2,825,000 New Construction project in Sherman Oaks.

Purchase price: $115,000 Cash invested: $1,170 Sale price: $199,900 Contributors: Peter Vekselman Partner Driven, alongside partners Julie Muse and Cody, purchased a home on Stowers Road, W Dawsonville, GA, for $115,000 on 08/24/2018.