The story with the house is the sellers parents both passed away and had assigned her to be the executor of their estate.  

My parents bought and held two triples and a house that they rented in the Waterville area when I was going up.

If I could do that I would have to rent the place out for as long as it takes for her parents to get their house sold and move out here.

If I could do that I would have to rent the place out for as long as it takes for her parents to get their house sold and move out here.

It's going to need to be a vacation area, maybe closer to your parents or grandparents and it can't be rented out.

As I said, the seller is in a distressed situation and really pressed for the funds to take care of elderly parents, who are the original owners of the property.I was told by a reputable bank in my area that handles land lots loans, that I don’t have enough liquidity and I would need at least $100k in my bank account to move forward.

As I said, the seller is in a distressed situation and really pressed for the funds to take care of elderly parents, who are the original owners of the property.I was told by a reputable bank in my area that handles land lots loans, that I don’t have enough liquidity and I would need at least $100k in my bank account to move forward.

@Mas YoshidaSee following list:IRA funds CANNOT be invested via a promissory note to the following: Who’s OutYouYour SpouseYour natural parents and/or your adoptive parentsYour natural grandparentsYour natural children and/or your adopted childrenThe spouses of your natural childrenAny fiduciary of your IRAAny people providing services to your IRA–such as your stockbroker–as well as his employees and both his and his employees’ blood relativesIRA funds CAN be invested via a promissory note to the following:Who’s InYour brothers and sistersYour Spouse’s brothers and sistersYour spouse’s parentsYour spouse’s grandparentsYour stepchildrenYour spouse’s stepchildrenYour grandparent’s spouse, if not your natural grandparentYour aunts, uncles, and cousins

Parents own a floor covering company and was raised in construction.

Spoke to tenant and was told Sept rent should be coming, there was loss of child support, and rent payments will be back on track for Oct 1st.