There are special tools available just for Pro members.

The interest rate is not special nor is the 20% down (80% LTV).  

I’m curious about how much time you all spend prepping for tax season before your CPA (or tax preparer) officially files your returns?

Or does one need a special license / need to open a company?   

Another one I wish I had taken earlier was to get involved with a boutique or specialized commercial broker. 

I’d love to connect & discuss my goals further, especially since you specialize in long-term, turn-key properties, which are exactly what I will be focusing on as an investor.I’ll definitely check out the podcast you shared to learn more about turn-key investments.

However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.

You need to educate and prepare for them now.

While the cost can vary depending on the scope, zoning, and materials, I’ve seen similar projects run anywhere from $50,000 to $150,000, depending on factors like plumbing, electrical upgrades, and structural work.If you’d like, I can connect you with a few contractors or architects in Chicago who specialize in basement conversions.

Also, as I prepare for estimates, would be helpful to know where my in year deductions actually are.