Interesting strategy, and in spite of my debt-averse nature I am simply curious about how they make it work.No cash flow, or very little.Let's say no maintenance at first and self-managers get to keep the management fee, leaving $150/month ($1,800/year) profit on a $50,000 asset.

Everything with underwriting has to go perfect and no issues with the property. 25% down is more realistic and even then might be pushed to 27% to 29% down minimum.Why can't you simply get a portfolio lender loan?

What they have done with the LLC is pushed the custodian into a background role - simply documenting the IRA's single investment of the LLC, doing annual reporting and acting as gatekeeper for contributions, distributions and plan-to-plan transfers. 

We realized our business wasn't an easy one to sell for a huge profit, so a comfortable and friendly transition away from it over time, passing off leads to other competitors trying to build their businesses while hanging on to the loyal regulars, was a great win-win to get the income we need during 'transition' and not be concerned with a slipping gross revenue like we would be preparing the business for sale.

More renters are likely going to want charging, so it may be a win win.

Offering 300k on a 390k house is not going to make them feel like we have a "win-win" scenario here. 360-365k allows me to offer them a price they'd walk away with if listing with an agent after commissions, and still gives me some initial equity in the property.Again, in a lease-purchase, I am in no obligation to purchase the property, it is an option.

I am all about win-win relationships.

What and who should i avoid-  I would say simply avoid overpaying for deals and resist the temptation of buying mediocre deals.Who should i know to find off market deal?

-Basically I'm just wondering first if I can even do a "cash-out REFINANCE" on a property that is not going to be financed at all, simply purchased outright with cash.

I’m finally making the move from simply lurking through the forums to being an active participant.