Lender isn't going to give conditional commitment with no specific property (nor would a private investor with no actual "deal").Just wondering how this has been navigated by you experienced folk. 

A link should come up click and then navigate to what you want.

There is going to be a very very sharp learning curve that will end up costing more time and money than you anticipate (most likely) If your partner believes in you as a person rather than just the deal they will navigate those difficulties with you. 

I'm still learning how to navigate BP.

One of the other designers in our office is himself Korean, so we had a terrific introduction to Korean culture and business practices thanks to him.  

How you'll get the most out of BiggerPockets is to understand how to navigate through it and understand that it's a two way street.

In reality, it is one that knows how to navigate the process and protect their client in situations like these

What is your experience.I, personally, find navigating this topic tricky Here are some Articles about SEC rules on securities. http://www.strictlybusinesslawblog.com/2011/08/15/...http://handeleon.com/how-to-raise-capital-for-your...

Would have responded sooner but still learning how to navigate BP.

@Jami MortonWhen I read your post above, It sounds - please correct me if I am wrong - as if you have a pile of IRA money and are out investing without much education.There is much more to navigating the tax code related to using a self directed IRA than "can't be for personal use".I hope your custodian or advisor provided you with some introductory guidance as to the rules for self directed IRA plans and/or that you have a good CPA or attorney guiding you.Flipping with a self directed IRA can be very profitable, but is an advanced strategy.All IRA transactions must be entirely at arm's length, meaning you can negotiate and make decisions, sign contracts, and handle expense and income transactions, but may not benefit in any way OR add benefit to the IRA through the provision of goods or services.