I would have dozens of interested borrowers if what you are saying is true.

I would love to hear success stories or pitfalls people faced.Based on my numbers it seems like I could potentially borrow much more than I have in to a property.

Obviously borrowing money increases you % returns cash on cash, but I have a couple rentals that are completely paid off and reading the forum is making me feel like I'm doing it wrong and should be refinancing and BRRR'ing the properties.

If someone can present me with a checklist or spreadsheet asking the borrower all the details on the property then I email it to him.

He borrows 71k from a private money lender. 60k for the purchase, 10k for the reno, 1k for the closing costs.

my OPINION in no particular order of importance:1) see if you can borrow 20k on your 20k. 2) get you wholesaling up so get steady income3)scope out long terms deals4)network, partner up on mid term deals to use and reuse your cashGood luck

But I believe you cannot borrow from a regular IRA account to purchase real estate.  

You can form an LLC like others have suggested but any form of equity means they will share ownership in the property - so this becomes more like a partnership than a lender-borrower relationship.

That will make every loan more expensive and penalize all borrowers, not just those of higher risk.The same thing also happens in a different way with protective tariffs; the cost of goods goes up and seeds inflationary pricing, just as the FUD associated with Brexit is already doing.

You need to check with your bank where you intend to borrow and see if it is allowed.