After researching Austin for quite a while, I could not find a deal that made sense for me at the price point I was looking for.

@Domonique James, run the numbers and if they make sense, they make sense.

The owners are my husband's grandparents and they are willing to work with us to make a deal that makes sense for everyone.This is the first time that I would be purchasing a property from a family member so wondering if there is a more tax efficient way of doing this deal than a straight sale? 

Doesn’t make sense. 

That doesn't quite make sense.

Does it make more sense to set up the LLC in the state you live in or the state the rental resides in? 

For instance, there is 1980s terrible green-colored carpet in the living room - does it make sense to replace that? 

In what instances does a heloc make more sense than a cash-out refi?

I hope that makes sense.

They're not down for owner financing... i've spoken to a couple banks and they don't see the value in the purchase because they said they need a valuation on the property alone and not with the connecting properties (makes no sense to me) so now I've turned to Bigger Pockets and I need some suggestions.Breakdown: 1 Neighbor wants $1.3 million and the other i can get for 900k  both of these + my land brings total SF to around 18k+ sf of land. projects in the area have sold - just land value for approx $300/sf  this lot would be far superior given the location and it becoming a full city block...