In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

It sets you up with being able to get your feet wet with a soft flip, passive income when it's done, and the ability to provide funds for the next project. 

Senate reconvenes today, Ohio Democratic Senator Sherrod Brown took to Twitter to announce a bill that would provide $100 billion in emergency rental assistance.

When I pull credit reports, I have the ability to directly pull the actual report and see everything on it. 

and last, how has covid impacted the ability of banks to proceed with these cash outs?

Currently I am confident in my own personal ability to qualify but would have nothing for the bank to underwrite.

Hello World, I have been doing research on  "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without contingency from a bank; i.e. hard money, private money or your own cash. 

Hello,I have been looking into what does "cash" offer mean as an investor and through my research came up with: "cash" offer can be consider funding that is or has the ability to be liquidated without contingency from a bank; i.e. hard money, private money or your own cash.

Concerned that if I use it as a downpayment, I'll have twice the amount of debt on one property and it's all riding on my tenants ability to pay rent during these trying times.

Doing things this way keeps your ability to execute in level with your investor volume.