His accountant has told him that it would have to be a land contract to defer capital gains taxes.

@Kevin MartinI buy tons of tax deeds & lands available for rentals in jacksonville.

They promised me above market rent, which I thought would make up for the government hoops I had to jump through, but when my potential tenant applied with her voucher I was given a low-ball below market rent rate.

If we can find a way to fund the down payment, we are going to shop around to see if we can find another lender that would require a bit less of a down payment, but I'm unsure of how to even get this ball rolling.

Commercial Lender HELOC any different for manufactured on own lot?

The seller wants 800k for the land and property.

Run some sensitivity analysis before you invest passively or buy a property to better gauge where you'll land in a pull-back.

Most of the time though, the big banks will not play ball since the person you are talking to are following scripts, but credit unions or local mortgage lenders don't mind going to a bidding war.

@Marc I.I think you could do a land contract , a trust, or a “subject to “.

I told them I want to close in a land trust for asset protection.