Damn, I just armed my competitor!!!

I just bought my first SF, 2 months ago, 25% down. 5.75% 20 year, 3 yr ARM.

Banks want arms length separation so they know that they are getting a true valuation on the property.The banks I work with don't care about a home inspection.

I am a Seo Coach so search engine optimization is crucial in internet marketing and one part of it as a octupus has many arms so does Internet Marketing.

When you throw in complex option pay ARMs, most peoples eyes just glaze over.

@Ryan Slicer,Your step father is technically not a disqualified person, however I suggest you have experienced professional review all details of this transaction to make sure that it is truly arms length. 

It will be amortized for 20 years. 5 year ARM. 20% down.

By unconventional I meant the loan terms. 15 Year Term, 5/1 ARM that amortizes over 30 years with a Balloon Payment in year 15. 

The windows were going to cost an arm and a leg and much of my bank account I dont think I could justify that as much.I would rather use that as a downpayment on another rental.Thanks for all the input.

All IRA investments and transactions must be arms length.You can buy the property directly in your IRA or you can use IRA owned LLC (aka Checkbook IRA)