It took me 10 years and I had the benefit of starting when RE was cheap.A business has literally the opposite character: it's primary strength is cash flow.

Not sure, from what you're writing, what the benefit to the borrower was in refinancing, but there had to be something; cash out and lower rate are two that come to mind. 

(This is why most IRA accounts use the initial FBO "for the benefit of") That is why you can't easily get to the money and have to pay taxes upon withdrawing it.So, if you invested in real estate, and created some cash flow, the money MUST go back to the custodian and the IRA.  

So, just beware that you want to look at how you are doing business not just for your own benefit in a situation like this but to protect yourself from other issues as well. 5. 

Becoming familiar with how treasuries work also gives a lot of insight into how mortgage financing works because mortgage rates move with the 10-year treasury most of the time - so following the 10-year will give you insight into the real estate cycle as a side benefit. 

I’m not that dumb that I would put in a signed offer before understanding some aspects of benefits.

I respect your many years of experience Jay but want to bring some perspective from the other side of the table.In a corporate office which is running 10, 20 or even 50 projects at once (depending on the firm size), what is the benefit for the Architect to drop their other projects to jump on yours quicker?

While Wyoming LLCs offer anonymity and tax benefits, you’d still need to register it in Alabama and California, adding costs and complexity.If you are not flipping properties, there is no need for Rehab LLC.This post does not create a CPA-Client relationship.

I’m a real estate professional, and we benefit from tax strategies.Would you sell or keep renting?

I don’t think arbitrage is worth it - it’s kind of like the baby step into STRs that hook people into taking all the risk and doing all the work and missing out on 2 of the 3 reasons to invest in real estate: tax benefits and appreciation.much much better to buy and own your own STRs.