I've been taking RMDs each year as required, and to think that now I am allowed to empty the remainder of the account and move it into my personal IRA without paying taxes on the distribution.....well, that seems to generouse to be true from the IRS....

If you don’t have a certain amount of funds set aside for these situations as well as your portion of closing costs and some extra reserves for once you close then you’re likely not financially ready to be buying things.

Well, you came to the right place to ask that. 

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In my case, the current property is jointly owned by my wife and me, and the LLC will have the same two members as well.

Reached out to you via email as well last week.

Works well for motivated sellers or properties with no mortgage.4.

That being said, every FHA loan has UFMIP which is 1.75% of the loan amount, as well as monthly mortgage insurance pmts that are about 0.5% of the loan amount annually.

There's a lot to this and illinois will not approve you without these things in place, as well as some others.Good luck.

This will be the largest bond sale in US history coming up which on top of the debt we are also running as well - if we have so much debt to sell I do not see rates going down, I think they may rise (or stay around where they are at).