FICO, experience, and LTV are also factors but this is the basis of the loan.

I am looking to speak to some people that are knowledgeable about the self-storage market in the Memphis area. 

Leverage will be based on whether the land is entitled and borrower track record but 50-60% is the norm, not 80%.

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

I think since it's personal and you're the only owner, I would open a high-yield savings account and get 4-5% on the money.

Hi Stephen, welcome to the community!

This allows us to consider the real estate cycle and determine the optimal timing to sell.

Conventional financing How did you add value to the deal?

Cash from a self directed IRA How did you add value to the deal?

Purchase price: $232,000 Cash invested: $200,000 Sale price: $575,000 I purchased this single-family property and undertook extensive renovations, including excavating a new foundation and reframing the entire two-story house.