It’s the same thing except it’s done in the name of the IRA and all the money comes out of the IRA and returns go back into the IRA. 

They require all cash to buy so the people there have money.

Borrowers like that.Since money is the lifeblood of all house flips, I consider this a win-win for everyone.

Off the bat, I had a few questions that hopefully someone more experienced can help: 1. do auctions allow financing after winning the bid, or do they require entire amount to be immediately wired? 

Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.  

Even if one has to provide the education to some of the parties as to why a particular creative solution makes a win-win-win for all. 

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

The employee should "win" when the PMC/Owner wins.

What key factors influence your decision to partner with a lender for private money in real estate?

Also, I’m pretty new to this but I’m assuming you’d have to have an LLC in place to accept hard money or money from private lenders?