Hi Jon,Hi Jon,Yep, you are right...using any type of financing (mortgage, seller carry back) inside the IRA generates that nasty UBIT.I have shown my clients how to use options and lease purchase arrangements to avoid this problem.The better choice is a self administrated solo 401k since UBIT does not apply to this type of plan.Dave

I also liked the fact that they double checked the addresses against a USPS database.

Is there a database of lenders?

I am a part time college student slowly but surely on his way to getting an associates in business administration.

If it don't do what it says its gonna do.....then it ain't what it says it is either. 3.All of this data like access to the research capabilities hidden in the various MLS databases (which is where appraisals come from) is available to you now.

I just don't like to do anything where I could run into surprises.Another thing I wanted to say is that I have 20 years administrative experience.

I want to build a "database" of rehabbers and sellers, so that I can match up and make contracts.I have a question.. do I inform either the buyer or seller that I'm a wholesaler?

But I have cold called them and then popped the more promising ones into my database and continued to mail to them once a month.Mass mailings are an expensive proposition with very little return.

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.htmlDirty Secret Of The Bailout: Thirty-Two Words That None Dare UtterDecisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.more at linkofgift

ID=4412 >>>can you imagine what these clowns (or one clown in say...an Obama administration...) could do with "economic well being of Americans"???