As a new member to Bigger Pockets this is my first post about my self. 3 homes by the age of 20....

I'm self employed and find it hard to make the time, but I've got to do what I have to do.

LOLNow, some have said a net listing can be done in CA, with additional disclosures, but they still have to contend with restrictions as a Special Agent in self dealing......so it appears....LOLAnd here, all along, most thought James Bond was the only Special Agent!  

Any cons of holding this in a self directed Roth?

@Seth C.IRA capital can be used to invest in real estate in the variety of ways: single family rentals, commercial, in the US and out of the country, you can invest in tax liens and deeds, you can do hard money (or private) lending out of your account to other investors, etc. etc.In order to do so you need a self-directed IRA.

I'm self-motivated and have the drive to do what it takes to be successful.

Three years in a treasury as opposed to a 7.5% CAP multifamily is ostensibly a self inflicted tax....if that spread were considerably less, I might be more inclined to pay the tax and move in to the treasury.  

I have a few questions about mortgage financing so I can start working in the right direction to get a loan.I'm self employed with an LLC business.  

@Sue Deng  please take no offense.. however If you do not even understand this basic question.. and folks in foreclosure are under EXTREME duress and stress how is someone like you remotely going to help them.. other than for your own self serving gratification.to come on BP and ask this question just floors me personally.. the blind leading the desperate and this usually leads to those your trying to rip equity form to end up just losing their house. 

My partner and I plan to get a hard money loan for the purchase and then use my self-directed IRA for the renovation funds.