Establishing direct contact with the sponsor is crucial for obtaining detailed and specific information.

Your mention of using the solo(k) for down payments on real estate investments could end up being prohibited depending on the details and structure of the investments. 

Are their listings detailed with good-quality photos?

@Lisa FortuneNo experienceNo down paymentNo detailed scopeNo estimate of costsNo schedule for completionUnrealistic comps / arv

-Lastly, ask for the investment or seek confirmation of their current or future investment, bringing the conversation to a decisive point.You should be well versed with the details of the deal before talking to investors:● Understand the average median income in the area.● Be aware of the average rents in the market.● Familiarize yourself with comparable properties (comps).● Understand what needs to be done in terms of improvements or renovations.● Be knowledgeable about the internal rate of return (IRR) for the investment.● Determine the anticipated holding term for the property.● Know the initial capitalization rate (going-in cap).● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.

I don't think you would want to dive into the details and get in the middle of it.

@Richard Patrie are you able to share details about that heloc program you mentioned?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

RUN COMPS w/ BOTH SCENARIOS TO FIND THE TRUTH.Here in Chicago, depending on the neighborhood, central air is not always common.My friend @Michael K Gallagher is from that area and can probably provide a more detailed insight!

Ask a settlement agent for more details about what they would require to delete them.I believe the Enhanced ALTA Homeowner's Policy is not available in Florida because it contains certain affirmative coverages that insure against matters that may occur in the future.