In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.

Generally speaking, as long as your daughter has not reached the $13M lifetime gift limit, the gift won't be subject to gift tax.You would want to get a qualified appraisal for the the fair market value at the time of gift/sale, Zillow is not the most reliable :-)

Back stairs.If you are talking about making a 2+1 into a legal 3, the towns are going to tell you only the above two will qualify.

That way you can see what you qualify for.

Separate question for the lenders out there: Could this qualify as a second home for FHA based on her occupying one unit?

I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).

So, as long as you qualify for other kinds of loans you should be ok in a worst case scenario.

This is why you need to make sure you review your file prior to even getting the hard money loan because what if you do not even qualify for a conventional loan then you'll have problems and might not have a net benefit exit strategy.

2> Terms and best practices: What are some ways to better set myself up to qualify for long term debt service products?

In order to benefit from a 1031 exchange to defer my taxes will I need to convert my primary residence into a rental property and if I do, what's the minimum amount of time that I need in order to hold it as a rental to make sure it qualifies for a 1031 exchange?