There are several well-established, regulated, reputable, knowledgable and highly rated Self-Directed IRA/Solo(k) custodians out there.

I have a lot of reading to do and a lot to learn but it looks like this is the place for it.I'm a little unclear, what is the benefit of tagging someone in a message?

We still have a lot to do but we should be done soon!

Cost is used within 12 months of ownership placing an asset in service, after 12 months you establish the market value of the asset converted to a business purpose.

Based on what little detail you give, it isn't necessarily a bad deal, if this person really knows what he is doing and really handles all of the organizing, project management, marketing and sale...there is a lot to a rehab partnership.

@Mike MartinYou being a banker might be able to answer this question, "Why do bankers ask questions that the answer is negative and hard to establish?"

The F/C follows them for 3 years, if you sell for more than it's worth they won't establish the equity to refinance, is that your goal, to your family?

Are these type of loans only allowed to be established via Private money (the percentage of profits) and not HML?

I do not have my niche established so I dont want to make it too focused yet.

I don't want to really push for the info and risk retaliation if I don't need to.The problem is that its hard to establish comps with so many different floor plans.