Wow, attorneys are really good at giving themselves job security.

Follow up on loan commitments after a contract has been negotiated andgenerally secure status reports on the loan progress;4.

He likes the security of our current life, and he is scared to death to make a move.

This is more a higher end kind of investment, with carefully thought out design (not just mixmatched furniture or things you might find in a hotel or something).I'm sure this is common and there is probably an official term that is used when referring to it.

In the era of corportate downsizing, and very minimal job security, I cant think of a boss in the whole world, than me. 99% of all jobs are there to make someone else rich besides you.

Never allow a tenant to use his security deposit to pay the last month's (15 days in this case) rent.

If that is done and is the intent of the investment, it will likely be taxed UBIT (a complicated tax for IRAs) as such a business competes with non-tax exempt/tax-deferred business operations.Finally, in my opinion, the best way to utilize a SDIRA is to make loans secured by RE (for passive investments).

Questions for those more experienced.In the beginning stages of locating and securing property for investment purposes, confusion may arise as to what steps should be taken and in what order.My thoughts are that you should make every attempt to get pre-qualified by a lender, prior to even locating a property for investment.

In my area, 12-14% is the norm.Try to secure an interest-deferred period of time (like 3-6 months) especially if you are just going to turn around and refinance.

(If LTLFTP isn't an official BP recognized acronym, it should be.)