I'd recommend a gift from a family member or friend to assist in this.

If you pay the back taxes on a property you have done nothing but given the property owner a gift.

how about gift from family?

In many cases, what people do is get the money from a relative, or friend, give the bank a gift letter from that person, then turn around and pay that person from the HELOC.

Some sellers are not privy to the intricate details in real estate transactions and going in with a better strategy might fit your end goal more precisely.

@Nicole HeasleyI am a little bit wary since this transaction is done between family member.1) If you guys decide to go the seller financing route; you guys should pick an appropriate interest rate and not 0%.Your father should then pick up interest income from the seller-financing note.If the note calls for 0% interest - the IRS can calculate "imputed interest" onto your dad's income.A workaround this is for your father to gift you $14,000(annual gift exclusion for 2017) and use that to pay off the seller financing and you pay him back after all is said and done.It should also be noted that if he sells you the property at a loss - he can't take the loss on his return.

In my knowledge of the Tenant, he is very sneaky and manipulative, so perhaps he is just a really gifted con-artist.

If he brings his money to the closing table to pay for my deal, will I be taxed as if it is a gift?

I have personally done partnership deals with other investors using their self directed IRA and they now know the power of this gift from the government.

And as a parting gift the house was trashed.