Have the seller "carry" any portion of the down payment you cannot come up with.3.

This seller carry back loan would give me the down payment and then some for the down payment on the second 4 unit building.

If it is against the rental it increases the loss that I carry forward so has no real impact to me at tax time.

I'm willing to owner carry, but so far only tire kickers or people with only a 2k to put down.

Now, if your plan were to live in half the building (the smaller unit) and use the larger unit as a mortgage helper, you would look at things through a different lens.I am a big proponent of improving the energy efficiency of older buildings, but am not found of carrying the utilities - I like everyone to be responsible for their own resource consumption.  

Agreed, you shouldn't be doing any sub2 deals where you can't at least sell it and break even, or have the reserves to carry it.  

(or anyone) so from what you said above, the HELOC allows you to not pay until you draw on it but has a higher rate (I read elsewhere that if you carry a high value on your HELOC it can adversely affect your credit score, T/F?)

Hey @Carrie Anderson,Thank you for the poke

Our cleaner for example works by himself as an independent contractor as well as a few people who are "handyman" and do turnover and make ready work for us.We make all of our contractors carry liability insurance.

I have an internal staff who carry out the systems that I built for those tasks.To fill the gaps in your team, you might look to a large accounting firm in your area and meet with one of their real estate specialists.