A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

I do all accounting for properties and company in Rent Manager. 

A title company?

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

Are LPs entitled to see foreclosure, bank loan related docs?

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

I am not sure how active his company Open Door is on BP.

Pay a Title Company to complete a Title Report3.

There are a couple of companies out there that will let you do a cash out refinance with no income!

Another way to say is that what is the value of the property (today) compared to what is owed on the loan?