It's equally hard to find the covenants and restrictions for the HOA itself.We recently had a good lead on a condo in Midtown, but then found out that the HOA prohibits rentals.

Appraisers are prohibited from advocating so their opinions are as objective as you can get in this highly subjective field.

But if you engage in an unrelated business such as flipping, as Jim mentioned you need to be aware of the UBIT.3) Under some circumstances this could be possible, be sure to discuss your particular situation with a qualified tax professional. 4) You need to understand the prohibited transactions rules, all of the transactions involving your IRA must be 'arms length',  you nor any other 'disqualified person' can not receive any personal benefits as a result of it and are prohibited from providing any services or do any work on the investment. 

FNMA and Freddie loans are non-recourse and typically allow borrowers to apply for a FNMA or Freddie “supplemental” loan (2nd trust deed) after the first year of the initial loan term, which is a feature that distinguishes the GSEs from CMBS lenders whose standard programs prohibit secondary financing.

IRS rules prohibit you from pledging your assets as security for the 401(k) plan's debt.While non-recourse loans are available, the underwriting is pretty conservative for this type of loan.  

Are you saying upgrading more than once would be prohibited?

Banks usually have prohibitive addenda!

I guess you could ask for a commission reduction, but that agreement would have to be signed by your broker (based on my understanding, not giving any legal advice).Some Managing Brokers have policies prohibiting For Sale by Owner sales.  

I have come across unsecured personal loans up to about $100k but the interest rate is prohibitive.  

When I explored the options, the ONLY reason I could see for going the 'long route' would be that it *might* prevent you from doing 'prohibited transactions' since in theory that is part of what the Custodian is supposed to be doing (as I understand it).