I recently moved a pension from a previous employer to a traditional self-directed IRA.

Obviously thats quite a difference from a traditional or FHA loan but from the research I have done it shouldn't be costing me more money, especially since I took the actual loan amount and typed that into  the calculator.  

Since the house "Needs Major Repair," I am not able to get traditional bank financing and thus would need to borrow from a private lender to show proof of funds.

A "landlord" or fire policy as most companies refer to the insurance on the home, is actually more expensive most times then traditional insurance.

I will be using traditional financing for the purchase.  

You'll never get a traditional mortgage under the LLC's name.

I would probably suggest a traditional consumer auto note?

Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner.

Does it make sense to go the traditional path until you get capped at a specific number of properties and then switch to a portfolio lender (just given the more favorable terms most likely with conventional)?  

It's a cleaner unit but it has electric wall heaters instead of a tradition furnace.