Just wondering if you set up a Go Fund me and donated to yourself using the credit cards if there would be any drawback.

I'm lucky enough that my parents are allowing me to live at home for free for at least the foreseeable future so I want to take advantage of that.

I decided to use the equity and I got a HELOC last month that I used to buy my new primary residence in MI where i grew up and my elderly parents still live.

The KEY however is to ensure you have parents as guarantors! 

I'm looking to buy a rental property in an LLC with funds a parent has offered to pay in the form of seller financing.

Even trying to do the BRRRR is hard and takes a lot more work to find the right deal. unless i do the work myself which i am willing to.I am young and quite new to the REI space but for the last several years i have consumed RE knowledge daily thru a couple trusted sources. i understand what im trying to do is definitely no easy task but with immigrant parents i was raised to work hard so i will adapt to whatever is necessary.

My parents have seller financed a free and clear property they operated as a fine dining restaurant in late 1990s, then transferred as a neighborhood bar. 

We also host a local meetup with years of education /content that you should consider attending- Check it out:REI Partners- Wealth Thru Real Estate MeetupTalk with your parents, and shoot me a message- my contact info and that of our team is in my profile.

So parents with grown children would probably "enjoy" a slightly relaxed OO, if one of your children could take advantage of one of the units.Another rule I have not seen anyone mention is that the JADU is not permitted to be rented short term (< 30 days).

My parents have some vacant land in Hesperia and I'm wondering if its worth it to look into building or if its better to just sell the vacant land.