I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun.

Depreciation Benefits via Leverage: While you can't claim depreciation personally on IRA-owned real estate, SDIRAs can use non-recourse loans to purchase property.

Since the original loan remains in the seller’s name, you may need a nominee interest allocation to deduct mortgage interest, as the Form 1098 will likely be issued to the seller.

What type of loan is this?

Hey @Dean Attali or @Matt Altrich,I'm starting to take a look at PM companies and came across M&M Property Pros.

Financing options do exist: hard money loans, renovation loans, and some traditional mortgages can be used on distressed properties if criteria are met.

You can use the Bigger Pockets management finder tool to look up MTR management companies in the area and then I have a few recs I can provide if you are interested.Shoot me a message if you would like to discuss further and I can help you strategize to make sure you make the best decision possible!

Any good resources for learning about hard money loans?

Assuming since you did any FHA loan, this was a househack?

Hard money loan that covered 100% of rehab and 90% of purchase.