To see how stable it is.  4K a month on 1.9M is 2.5 percent return which is awful.  

@Michael Bennett If you do the math you are still making a decent cash return!

You can sell the home or you could turn it into a long-term rental and get an even better return.

@Christian NachtriebWhen a self-directed IRA invests into real estate and uses financing, returns on the debt-leveraged portion of the investment are subject to unrelated debt financed income tax or UDFI tax.

Good morning, Can anyone recommend a lender that can cash out refinance a property without W-2 income or tax returns and has no or little seasoning requirements?

Good morning, Can anyone recommend a lender that can cash out refinance a property without W-2 income or tax returns and has no or little seasoning requirements?

  (2 years of tax returns business and 2 from personal, P&L statements down to the month, invoices, and since you have 3 extra units make sure you include the potential income you will have with tenants in the property.)

That works out a 1.4 price to rent ratio which should provide better than 10% cash on cash return.  

Any ideas about how to calculate the return?

That would mean that the LLC only has one member (you and your wife's tax return) and it chooses to be taxed as a sole proprietor.