You can consider those as a "capital contribution" to the LLC.

I wonder what other fees they may have , I also read that the seller can contribute up to 6% of the contract sales price to pay for funding fee, closing costs, prepaid and other expenses.

wishing you the best of success...please contribute any stories or questions of good pieces of education that you learn and want to share along the way!

I try to contribute when I can and have something substantive to say.

I look forward to contributing my knowledge to this community as well as having the opportunity to learn from others here.I am interested to see how many members here are active in the same market as myself and what type of RE facets you guys are active in.

The advantages are: Can contribute much more per year, have borrowing provisions, and have checkbook control without the requirement of a TPA to name a few.I just set mine up with Sunwest Trust and as far as my research showd, they were the best and most cost effective.

I hope I am able to contribute a modest amount to the forum, but I mostly look forward to learning from the knowledge and experience of you all.

I think the biggest thing is placing an actual value on what each is contributing.

Between $167k - 177k, you can contribute half I believe.

We haven't contributed to our IRAs in about 4 years."