I always look for creative financing options to advance my investing goals.Running the numbers over time is key to understanding what the long term outlook is for this strategy and if it makes sense for each investor.I hope this sparks some ideas on how unique lending options like this may or may not fit your long term investing goals.

Nearby rents usually show they’re still going to be slightly under market, so they’ll understand moving isn’t going to save them money.

You will need to understand the mechanics of a cost segregation, as well as, depreciation rules. 4.

This strategy can generate quick profits but requires a good understanding of renovation costs and market trends.House Hacking:Live in one unit of a multi-unit property while renting out the others.

Success in this area requires a keen eye for undervalued properties and a solid understanding of renovation costs and ARV (After Repair Value).Tax Liens: With limited capital, investing in tax liens can be a way to start small.

I understand.

From what I understand Joint tenancy has right of survivorship.

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

The in-laws want simplicity since they have no interest in managing the unit.From what I understand, it seems logical for them to handle the required taxes (TAT & GET) and compensate me via a 1099 form.

They like this because they know buyer broker is helping the buyer understand the process, find a commercial retail attorney, help line up financing with capital markets, etc.