Many mortgage lenders require the property manager to have certifications and experience because it's riskier to lend money to a borrower that has no experience and ultimately, they don't want the property mismanaged. 

The most common concern i was trying to address is taking advantage of an unsophisticated borrower and obtaining their property with equity in it, without adequate consideration.

A few other notes, not sure is every company is the same but I think you can only borrow half the account balance.

If that were the case then nobody would use leverage.When an IRA engages in a debt-financed investment the portion of income that is derived from the borrowed funds is considered taxable - so 65% of gross rental income in my example.However, you have a $1,000 exemption off the top, and then get to apply the same ratio - in this case 65% - of all the normal deductions like interest on the note, depreciation, property taxes, etc. to reduce the amount of income that is taxable.The net taxable income will then generally be a pretty low number. 

First see how much you can borrow. 

Which in that case, sure you’ll buy lower, but it will be more expensive to borrow.

No need to post the address here.Also be aware that many one off note buyers will want to know the credit score of the borrower.

This is truly a business based on personal relationships.We insist on meeting our borrowers face-to-face and will typically visit their properties and also go to lunch to get to know one another.

Big money wants big projects from big, experienced borrowers.

Hypothetical question,If a borrower of an active mortgage is at pre-foreclosure and they decide to transfer the deed to another individual, what are the consequences for borrower and if any for the new individual that acquired the deed?