Hey bigger pockets family, I'm facing a dilemma that consists of me choosing whether or not to buy a tiny home and put it on my current home's property, creating an ADU to rent out or to save that money that I would put into the tiny home and save for my next purchase.

It could be possible to still negotiate a purchase depending on the stage of foreclosure it is in. 

The one's I prefer handle everything in house, from purchasing the home, renovating it, renting it, then selling to an investor then managing for them on the back end.

@Chase Calhoun mainly we work with local builders but we have also purchased from the regional builders as well.

Case Study: A Successful Joint Venture in Real Estate - An investor identifies a distressed property with high potential but lacks the funds to purchase and renovate it. - The investor partners with a private lender who provides the capital.

We also need to add in escrowed taxes and insurance to the new terms, as previously the buyers were responsible for paying them, but we’ve recently had to take that over.Context:Subject property is a mobile home on land in the state of FL that is owner occupied by the family who purchased it from our LLC.

Purchase price: $150,000 Cash invested: $60,000 Rented it for $2195.

The property is being purchased at 103 with an ARV of 375.

Purchase price: $550,000 Cash invested: $450,000 6 unit multi-family BRRRR.

You can also offer to lease with an option to buy to tie up the property until you are ready to purchase.