(There are even some who believe that the seller providing a loan to the buyer will disqualify the exchange entirely, but that's not been our experience.)The most straightforward solution is to have the seller provide a cash loan to the buyer outside of closing.

It won't be 100% accurate, but it will be close enough.

Hey Travis, I close a number of these for clients, usually more common on properties that were wrecked by previous tenants and they want to use existing equity to help repair the damages.We would classify it as a 'Refi-rehab' that would include a direct 'cash out' portion as well as a rehab escrow to reimburse you after you finish the repairs.

We're seeking a 2-family house with parking for at least one vehicle and close to public transportation.

Hi Carlos - With a HELOC you'll have lower closing costs being a plus in addition to flexibility as you can draw funds as needed and only pay interest on what you use.

With the cost of living 9.8% lower than the national average.

Joining this community was the first step and in my opinion the next step would be making some business cards and start going to REIAs close to you. 

I'm not sure about Houston but make sure you find a great agent who's focused in your area. call agents who list new construction or who closed land purchases and represented people. on my closed transaction list and active listings it's land on the buy side and new construction homes on the sell side. make a spreadsheet, email and call every single one, have 10-15 conversations, meet with 3, pick 1. sales funnel. 

Closed sales have jumped by 11.09% year-over-year, reaching 1,402 in April 2024.

With about 100k to put  down, I don't think I can be anywhere close to cash flow break even (at least not in any market that is driving distance from the Metro DC area).