One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!

I know this is an old thread.I'd like to get a more recent opinion of these apps.I think the DFD options is very interesting.What we want to do is endorse one of these for our Real Estate Club in Greenville, SC and have a contest for our members to see who can find the most deals with the software.Maybe try and get a rep from the company we choose to come and speak at one of our in person meeting and also negotiate a longer trial window if possible for our members.

I had another person speak highly of New Western.

Build connections with local professionals, talk to them in person, and value there time over yours.

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.  

Either way, $600 in cash flow should actually help your personal DTI if you go for conventional financing on a primary again. 

I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.

I recently read a book that mentioned there being a lot of power and benefits of a personal corporation but I'm curious as to when a corporation is actually beneficial over the latter. 

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!