There also could be an alternative accommodation that would meet her need.

Obviously I'd prefer not to do that but if it came down to that and I could swing it in terms of cash flow I might try it.Still looking for alternatives as of now though so I'd be really happy to hear anyones creative ideas on how I could raise this small amount of funds.

Whether that means holding the financing, making a trade, or using your skills to discount the seller's hospital debt (the real reason they need to sell) - Be creative in your alternative to cash.I recently closed a deal where I was able to trade a decent used car for a mobile home with all appliances plus an old beater car in return.

I'm still looking for alternatives, but was just wondering if there were any ways (that I hadn't already thought of) in which I could get the financing for a bank owned or HUD property...

Sorry.An alternative is a short sale.

1) Finding alternative capital sources2) Creating sweat equity (buy, enhance, refi, hold)3) Negotiating tactics

Some of the dumbest investors around are super wealthy and can invest in "alternative" deals because they inherited wealth or got lucky somehow.

An alternative is to have the money held back by the lender.

In addition, would a growing portfolio of rentals trigger the wrath of the Alternative Minimum Tax?

I just bought into NYB and am earning an 8%+ return per year, and with enough time I will make a capital gain as well.An alternative to buying is to sell/write a put option and collect the premium instead of a dividend.