I feel like I've heard a few podcasts lately with guests that have done this strategy, unfortunately I don't remember their names.

Lending money at 9% seems a bit riskier than making 10% ROE on a property you have owned for 5 years and know well at this point.

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate.. in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.Myself I always pay cash for the dirt this makes finding a lending partner much easier.

However, there was no formal agreement or contract between us regarding the ownership or any financial details related to the property.

(A partnership tax return is due March 15th, so in this instance, the partnership return will need to be extended).2.

I am looking for a house inspector who goes into every tiny details that need attention and uses a good reporting tool to look at the issues.

Leverage in an IRA will produce Unrelated Debt Financed Income (UDFI), subject to Unrelated Business Income Tax (UBIT).There are plenty of investment options to deploy your IRA funds, but again, using your IRA in connection with this transaction will disqualify your IRA. 

I've been watching you do this for ten years.

A cost segregation study was performed on this residential condo in Herndon, VA purchased in 2017 with a depreciable cost basis of $151,518.

Would love to have conversations with others who have had dealings with this court.