All fees, interests, closing costs, interest will all be paid prior to the equity split. 

It equates to 60% down and a builder buy down of the rate plus closing help and it would still look like a bad investment to an outsider who didn’t know about the $100k in taxes I saved. 

Ensure you have a property management strategy for when you return to Charlotte.Legal and Tax Considerations: Consulting with a tax advisor and a real estate attorney will help you navigate tax implications and ensure legal compliance in both your investment and rental activities.Short-term Investment and Return Plan: Since you plan to return to Charlotte after a year, consider the short-term nature of your investment and its implications on your overall strategy.In summary, your strategy has potential, but success hinges on careful planning and navigating the financial, legal, and logistical aspects of real estate investments.Good luck with everything,KC 

Hello, I just want to make sure that I am not missing anything that I am not aware of prior to buy this home. 320k buy price Seller owes 307k on the loanAssumable loan at 5.5%I would pay 13k for the equity in the home and still have 28.5 years left on the loan at closeTotal to buy the home would be 15k at closingBonus she is leaving a Washer/Dryer/ and Fridge for meSeller pays 2122 for mortgage/tax/insurance and there are no exemptions on the home. 

@Rajshekar Manaliker I’m here in south Florida and we’re still moving and shaking with a good amount of incoming residents from income tax paying states

Through depreciation, other income taxes are offset, through debt paydown and appreciation, he's going to gain $thousands per year in equity.Subjectively, it may appear not to be a deal, but if the buyer understands these factors and wants the property, an entry fee under $10K sounds like a deal. 

I know guests do look for homes with the cart included if they want the use if the cart, so I would say my rentals would be occupied prior to those that do not offer them.

.- Property receives one set of taxes- Both houses are approximately the same sq ft. (1300)- Two single-family homes, not attached (two different addresses)- Property size 0.45 Acres- Township won't allow subdivision unless each house sits on 0.5 acre lots- Will reside in one house upon purchase, and will rent out the second house- One house currently rented out for $1,400 a month with a one-year lease- Purchase price $260,000Looking for ideas or best ways to finance this type of property!

In order for you to qualify you would have had to have lived in it also for 2 out of the 5 years prior to sale. 

If there is something special in your scenario that is causing the issue you always have non-QM products to fall back on like DSCR (qualify based on the asset, only works for investment properties) or Bank Statement loans (qualify based on income, no taxes required, great for self employed).