There's a balance between legal protection and tax + LLC filing that needs to be struck.

There's a balance between legal protection and tax + LLC filing that needs to be struck.

My biggest struggle right now is trying to figure out how to properly estimate repair costs, so any suggestions there are appreciated.I have been thinking about taking the leap for years, and have finally set myself up to be in a position to do so.Can't wait to see where this goes. 

Hello BP community,I ama new investor, and am highly motivated to learn everything I can. One thing that has me confused is knowing what to offer a buyer on a wholesale deal. I do not know how much the owner owes and ...

That's fine...I'm just saying there is a fine balance between diving in head first...but also analysis paralysis.

They are just harder to find and structure properly. 

So I"m just learning about self directed IRA and it seems there's quite a few possibilities that is available if I can properly use this strategy to buy real estate.

If your 401k allows for personal loan (check with your plan administrator) - you may be able to borrow up to $50,000 but no more than 50% of your 401k balance.

Going the small-balance agency route would get you 30 year amortization, but I'm not sure if your loan will be over $1 Million?

I've always believed that balance or sort of the middle of the road answer is the best.Having said that, let me argue both sides of the issue.