Using a trusted 'contractor' is anther route but again what happens when one part of the relationship (e.g. does not fix something urgent on time) gets rocky.

My parents want to get a house closer to town. so my thought was, could I potentially just purchase a multifamily house in Lafayette Indiana using a low down payment financing, since I would plan on being there for a while myself, then rent the other side to them (under market value and less than the crazy high mortgage they pay now, but still high enough to fill an emergency fund into the house) I would be using my own low living expenses to build up capital for my next investment property.

Hello,Does anyone have any recommendations for CPA's who have experience with real estate purchases using a SDIRA.Thanks,Eric

Joel Fischer I'm using a VA loan so their saying they will only pay what the Va requires.

Before you got you license- what tasks were you using a realtor for beyond getting comps?

Otherwise, some partner with agents to do that work for them.Repairs - Again, most wholesalers figure this out themselves, using a fixed cost method (detailing everything that needs to be fixed), or a price per square foot method.  

., the IRA participant, his or her parents, children, to name few).The IRA participant is not allowed to use the property for personal use.Invest in Real Estate Using a LLCWhen both the IRA participant (in this example Jim Brown) and his IRA pool their funds and invest in an LLC for the purpose of investing in real estate, title to the property is taken in the name of the LLC.For example, if the name of the LLC is Buckeyes LLC, title on the deed would read Buckeyes LLC.Just like above, the LLC cannot obtain a loan and the IRA participant and other disqualified individuals are prohibited from using the LLC owned property for personal use.ANOTHER OPTION Your father can use retirement funds to invest in real estate operating company that is structured as a C corporation.

Maybe using a little creativity to get a larger down payment (partners or seller carry for a couple years) might help!

For those of you who work 40+ hours a week, how do you go about locating those new deals as they come on the market?  Are you constantly checking the MLS or is it better to have a real estate agent to call you about a...

Let me first start off by saying my oldest child is 3.5 years old so I know things will change many times before she sets off to college.That said, after reading an article about the uses of a 529 plan, it mentions th...