I'm in a number of social groups for private lenders and have run into a lot of scams.

You don't appear to have a specific goal, so I wouldn't move the money unless you can put it in a better investment.Portland is not a great investment area.

Hi Shawn, I don't think the verbiage in a notice like this is state specific.

Investing in a mortgage fund should not have tax implications for your Roth IRA since the investment is passive. 

May, I ask why are you interested in a Freddie Mac loan to finance these?

What are the odds of a vehicle accident resulting in a settlement greater than vehicle liability will cover?

Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.Is your wife quitting too? 

Hi @Vincent Plant,You've gotten some great advice on what to look for in a hard money loan.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

So in a way, they have you all ways.