This is primarily what makes their work product substantially lacking in correct English grammar, legal protections, timely professionalism and many other ways any Securities Attorney will point out to investors.

Yes Mike, that’s correct.

@Stefan Ikner, you are correct on the credit repair. 

If convicted of bank fraud you may be facing large fines of up to $1,000,000 and/or imprisonment of up to thirty years.Posted without comment.Okay, so one comment:Just because someone in your community says it's okay to do, better clear it with the feds first, or you may be talking with them later..This reminds me of a Subto in California that went bad and wasn't handled correctly. 

All other SDIRA's, 401K's, traditional IRA except Roth IRA and Solo 401K Roth require tax be paid at the retirement age, do correct me if it's not true.Do you know about the Josh Gilmore (josh@sdirawealth) SDIRA wealth firm?

Most likely your conclusion is correct, but the only way to confirm it is by having a real estate accountant review your tax situation.Also, please read this introduction if you want to better understand the concept:https://www.biggerpockets.com/forums/51/topics/1075919-five-...

Not sure if hard money would be the correct route to go for this one or not

This is a case where I want to manage more and make sure I'm addressing it correctly. 

Sale Price$171,000 - $55,000 (Rehab) - $13,680 (8% fees) - $40,000 (profit) = $62,320 MAOFrom talking to other investors and doing research, typically a Novation allow more money to the seller, correct? 

I have met Eddie nice guy but i think your hunches are correct.