I assume this is a multi million dollar deal.the builder of course NEEDS YOUR equity to get his loan.. now the good news is if he  can get a loan means he is somewhat to fully qualified.. you can do a participation mortgage in second position calling out for an interest rate and a bonus you just put it right in the note.. or lets say your lot price is 500k.. you simply write your note for 650k plus interest.. this assure you of profit.I would not do this though if you have no means to step in and complete or cash out the first.. nothing is worse than taking over a build project from a builder that failed mid stream

@Delshon Chestnut, there are several experienced CPAs who are active participants on ths forum.

Participating in the forums, attending webinars and reading the books are all great ways to get up to speed - but nothing beats getting out there and talking to like-minded investors.

With contribution limit of $55,000 per participant for 2018 you can probably shelter most of your income from wholesaling into your retirement account instead of paying it to uncle Sam, then grow your wealth in tax-deferred environment. 

It is sad to see this happen to someone who was just trying to rent an affordable house to a willing participant. 

But asking us to participate in structuring the cover up, not to mention posting it online, strikes me as rather poor judgment.There are plenty of ways to grow SDIRA's/401K's/HSA's/CESA's legitimately. 

@Bruce Harding,The $50K limit applies to participant loan you personally can take from your 401k.

I was very intrigue last year when the Opportunity Zone Funds was being develop, even participated in Webinar call-ins as state started listing potential locations for OZ Funds, this moved fast, but the Capital Gains requirement left me out of investing. 

Looking forward to hearing from you guys and participating here on the forums.

To learn more about the prohibited transaction rules, please see the following. https://www.irs.gov/retirement-plans/plan-particip...https://www.irs.gov/retirement-plans/retirement-pl...