I had a home in Ft Wayne and there were 3 houses on the street that never mowed lawns and were awful, I got a fine for having the light on the front porch out.

Well, we're 99% done with the reno and working on a final punch list from the city inspector.

Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Hope this helps.

;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.

I had to swear out a response that I had never originated or lent money in the state.. subject to a fine etc.there is a huge gap here in the DF for this service..

You can have a tenant who does not pay for the month or something bad (like a fine from the city for a broken window that the tenant did but does not want to pay for).So really, you will end up making less than $9/hour.There are better deals out there.

Once the second opinion is returned, we can negotiate a final price.

You're probably OK but at the same time you are walking a fine line...I like to stay away from transactions that raise suspicion with the IRS.

It may be a fine line but I feel comfortable at this point.

These are the hard money terms:Loan Balance:$240,000.00Loan Interest Rate:4.00%Loan Term:2 yearsMonthly Loan Payment:$440.33Number of Payments:24Cumulative Payments:$250,127.55Total Interest Paid:$10,127.55Note: The monthly loan payment was calculated at 23 payments of $440.33 plus a final payment of $240,000.00Also, how can I guarantee that I can refinance after 2 years to a conventional mortgage?