How much of the $650k do you have to borrow them to complete the build?

(Maybe something bette rthan a gift card that i can steal...err...borrow?)

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

Just a place for lenders to find borrowers and vs vrsa. 

And the Solo-K would enable you to borrow $50K from the retirement balance to use as you please.

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.

When a self-directed IRA borrows money, the IRA account owner can't sign a personal guarantee.

He said the borrower called and a tree fell on the roof and needed to file an insurance claim so wanted to file it against our insurance.2.

It gives you the flexibility kind of like a credit card that allows you to borrow a certain limit and withdraw funds as needed.

Should I 1031 or is there a better strategy to keep it and borrow against the equity for another rental?