Always offer "subject to existing mortgage and liens (this eliminates need for your own money)Consider options with possession.Offer the seller a Hybrid, that is he will be your partner and receive more profit when you sell or assign.You could offer the seller an option to buy back (as long as you get a discounted deal.Offer services for the down payment, we call it a "front porch clause"You'll agree to fix or repair something in consideration for X$ down payment to be applied to the purchase price.Creative financing is about CONTROL!

@Scott Wolf well of course I'll do the research to get the right property and also to make sure that it's going to cash flow for me, that's a given.Just trying to figure out what other factors need to be taken into consideration when planning for something like this

Between 2004 and 2017 when my mother passed away, sale prices of similar units in the complex declined considerably.

Thank you for your time and consideration, A hopeful apprentice,Jacob Hodge

I want to use minimal consideration money but also want to hold the deal until I can do my due diligence. 

Please see more below:Solo 401k vs Self-directed IRA:A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

Thanks for the advice i will totally take that into consideration!!

I can easily get carried away upgrading things to my liking, but I do need to take into consideration that the property will just be up for rent.

1031 Exchange for a multi should be a consideration to avoid capital gains.

Hey Jory,I appreciate the level of consideration and thought you are putting into this.