For most of our account holders at New Direction IRA, the criteria that they look for regarding a provider and their IRA lending strategy are these:- Can my IRA's borrower make payments online?

Can both lender and borrower protect one another on a loan agreement breech?

Kylethis is correct.you can use a line of credit as long as it's YOURS (HELOC, SDIRA, etc). you cannot use hard money or outsided borrowed funds. the lender will source the payment origination. and yes it's a fannie mae product so state doesn't matter 

He suggests putting them on one side of the duplex making it a one-stop trip for the meter reader.

There is minuscule chance, an average Joe who wants to be successful in Real Estate, other than borrowing money from family, having many friends, raising capital via syndications, creating a Corporate Entity, ( which necessarily don’t impress me, there 100 unit apartments, over leveraged, I could do in my sleep!

We used to diary all of our deals on here and stopped for some reason.Here are the basics on this property:Purchase price - $72,250Estimated repair budget - $45,000-$50,000ARV - $185-195kTaxes - $4338/yrHow we purchased:Purchased with financing from a local hard money lender who financed 80% of the purchase price and 100% of the renovations at 12% interest only and 3 points charged at closingUnit Breakdown:- 1st floor is a 2-bed/1-bath 900 sq ft unit - Projected rent after rehab $900-$950- 2nd floor is a 2-bed/1-bath 900 sq ft unit - Projected rent after rehab $900-$950- 3rd floor is a 1-bed/1-bath 600 sq ft unit - Projected rent after rehab $700-$725How we located the deal:- We zeroed in on this foreclosure deal after it fell out of contract on the local MLS. 

The 5% down conventional loan is hard to qualify for and where I see most new borrowers fail with this strategy is they do not have the credit depth or history to qualify.

One rental (somewhere outside bay area, but possibly in CA, < 240K) and other SFH (in bay area) somewhere next year.I want to keep my current condo as the HOA has some renovation plans and it will be hard to sell in the near future.I spoke with my lender, but they mentioned that if I buy a rental property then they will provide little loan (~500K) for SFH if I keep my current condo due to the debt to income ratios.It would be helpful if someone can suggest me ways or strategies to buy the rental as well as SFH in the future i.e. more borrowings.

If you use borrowed amount, interest rate, and term - you can check the 'principle balance' FCI is reporting with your own amortization schedule.

With a focus on partnerships, borrowing credibility is a good accelerant.