Picture this: Elderly parents own the family home but have unpaid IRS debt with a federal tax lien filed.

We are low debt so due to the number of houses we have we either have to go all in on debt and scale bigger or keep knocking down the debt we have which is minimal and get ready to enjoy big cash flow.There are a lot of variables base on where you want to go

If there is no debt on the property, then you can form an LLC where you are both members with allotted percentages of ownership and a side agreement that details further what the obligations are for each side.

We look closely at how returns are projected, but also *why* digging into rent growth assumptions, expense ratios, debt terms, and exit strategies to see if they hold up in today’s market.

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

Financial Position Summary- October Gross Income $ 265,000.00 Net Income: $ 196,612.00 Liquid assets: $ 33,935.72 Total assets: $ 922,052.13 Total Debt: $ 432,153.29 Total retirements: $ 406,416.41 Debt to income: 27% Debt to assets: 47% NH Credit score 645 VP Credit Score(wife) 736 Net worth: $ 489,898.84 Thanks for looking at this, any help would be greatly appreciated!

Quote from @Barbara Johannsen: I used to think the only way to make money in real estate was to own rental property.Then I learned about note investing — owning the debt, not the property.It’s been eye-opening to see how investors generate monthly income from notes.Anyone else exploring this side of real estate?

I am wanting to use the money to pay off personnel debt.

Still, fiscal risks linger—especially with Trump floating a $2,000 tariff dividend that could steepen the curve if debt fears resurface.Mortgage markets remain calm for now: UMBS 5.5s are sharply unchanged.

.• Debt discipline.