This family member is also approaching the age for required minimum distributions (RMDs) from retirement accounts, adding another layer of financial planning to consider.The PlanMy lender has indicated a need for approximately 30% equity in the deal for construction financing, urging a strategy that keeps the balance sheet lean at acquisition.

Investment Insights: As a real estate investor myself, I love helping people find the perfect Northern MI investment opportunities that align with their financial goals.If you are also a real estate agent and looking to build a referral network, please reach out!

This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.

Proceeds from that sale are tax deferred and it made buying up on an asset easier.

So if you have good credit, and the asset is good and the deal is good then 90%/100% isn't out of  the questions.So let's say 97k purchase, 60k rehab, ARV 220k.If you get 90%/100%Loan amount 147,300 (87,300 + 60,000)Your down payment: 9,700Origination Fee: 2% - 2,946Service fee: This includes a legal fee, underwriting fee, processing fee, etc: 1,500Title Costs: 1,000Insurance costs: 500 - 600Interest Rate: 11.5% - 12%Payments: 1,000 - 1,400 per month.  

It's important to note that while these methods exist, they may not be suitable for every situation, and the feasibility can depend on factors such as the type of property, the seller's willingness, and your financial qualifications.

But there are products that will allow you to use proof of assets to offset the DTI difference and qualify (if your DTI is barely missing the mark and you have a high level of savings).

We should plan to take care of ourselves with our knowledge and assets  and I did.  

Not financial advice.  

I’m wondering if there is any value that can be created here, or if there is it is likely more of a liability than an asset?