In forming a new entity/venture, it is OK for the IRA and a disqualified party to have up to 100% combined equity.Such joint venture transactions are often promoted loosely on the internet, including here on BP.  

Remember you're not bound by boundaries when investing.

Maybe I am overstepping my bounds but I see it as someone looking to learn...

The goal of my first flip was to NOT loose any money.

It's loosely organized and is a meet & greet\networking group that has occasional topic-focused meetings. 

Hey everyone, I'm working on closing my first deal and the only issue I've found so far is a small foundation issue where it appears that the concrete is coming loose and I'm looking for some opinions on it and I wasn't sure where else to post this. 

So you can buy a house and then sell it for a profit, buy you cannot have someone else buy a house and you get the difference between the seller cost and the buyer cost.I have been told by a real estate attorney, that if you want to wholesale in Ohio, you must have a legitimate down payment involved, that you are willing to loose if the deal falls apart ($500-$1,000).

I am hesitant to start giving examples here because I am bound to offend someone...

If that was the case then the duplex would be better, on paper any way, but then on the other side the duplex is spreading your risk over only two units so if you loose a tenant that is half of your income, where as in a quad when you lose a tenant its only 25% of your income.

My dad is a small time investor and is growing by leaps and bounds, part of his growth is due to a project I found, and eventually presented to him, me making a $5000 finders fee in the process.