I also cannot do the self-directed IRA because I only have 50K and purchase price is 200K. thank you sir.

I have an opportunity to purchase a marina on Lake Norman in the Charlotte, NC Metro area.

Best of luck sir.

@Jaideep BalekarYou sir, are my inspiration!

The more personal you make it look the better chance you have of getting your letter opened.Your example of the Living Trust as owner of the property, I would simply address it to The Martin Thomas Living Trust and the letter addressed, Dear Sirs.

@Jack Bobeck Thanks sir!

@Travis WeldonYes sir.

You are far too kind @John HostetlerThank you sir!

How do I go about it Sir.

Typically it's 1.25% of the purchase price but this isn't your scenario.4) Cash out refinances will change your rate but you won't get charged extra money out of your pocket or anything like that.5) Fannie Mae has no seasoning for rental income so use a bank that has no OVERLAYS.I hope this helps and have a great day Sir.