We are starting to explore options for buying his shares to eliminate him as a risk and a roadblock but still have funds leftover for growth.

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

What you describe sounds a little like a BRRRR (Buy Rehab Rent Refinance Repeat). 

The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

You won't be 6 months of hard work from buying, you'll be 6 YEARS. from buying a property. 

@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

Hi Folks,I would like to know your opinion, is it good idea to buy $1M multifamily (two family) house for investment purpose in jersey city area (jersey city heights).

DM me your email and I can connect you with the organizer.The group discusses buy & hold real estate, both single family and apartments. 

Investment Info:Single-family residence buy & hold investment.