Hi, I set up a Solo 401k last year to start funding my investments in real estate.

I've recently setup a Self-Directed IRA with Quest - just funded and am looking to start!

It highlights that you are a new investor and local to the property.If you are a wholesaler, explain the process and show them what funds you will use to buy or hold the property. 99% won't do this.

This is almost aways permissible as a source of down payment funds.

If you have storage space, you can find some really nice stuff for zero or low dollars to have ready to go just in case.

Hi Jeff,I currently invest in Lancaster but due to super low inventory, Reading definitely looks like a viable option.

And once you master it, getting funding should not be a problem.What do you think?

Yes they are practically giving away these cookie cutters new construction for low prices.

I find that it's very rare that a lender will actually close at this amount of leverage because they would typically be putting up a much larger amount of funds than the property would be worth at the time.Has anybody actually worked with a lender that did fund based off of the LTARV?

Have the family pay you with their funds and then pay themselves back with his money.