I usually spend my entire weekends learning about it from bigger pockets, learning to underwrite and evaluate, learning financing etc.

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Thank you everyoneSo from what I gathered, it’s basically a financing option for really cheap houses you might otherwise have trouble financing with a bit of “boots on the ground” thrown in.

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Can someone provide me with some financing ideas other than the two that I just mentioned that would enable the other heir to receive cash from their portion of the equity based on its current assessed value and allow me to take ownership of the home, subsequently remodel it, and rent it?

Typically SFR to quad are purchased via conventional financing. 

Another option would be to ask for seller financing. 

How did you finance this deal?

@J Newman your husband can roll that into a self directed ira and use all the funds for investing and no loan to pay back unless you get financing on the property.  

How did you finance this deal?