If you are covered by an employer sponsored retirement plan (i.e. the Solo 401(k)) your income level may prohibit deductions for IRA contributions.Here is IRS info on the topic:https://www.irs.gov/retirement-plans/plan-particip...

Looking for an agent who has some experience with this price level. 

I like to know my mentors on a personal level.

I am in negotiations with an owner (son of deceased) who has recently inherited a home through a living trust.

Originally posted by @Adam Schneider:@Daniela Reyes In addition to your local REIA, check out groups like AAPL (American Association of Private Lenders) and go to lending conferences (AAPL has one coming up in Vegas, PitBull does some...).I went to the AAPL one in Vegas that was pretty good not necessarily for the AAPL portion it was very low level rudimentary for me personally.. but there were a bunch of vendors there HML from all over the country along with crowd funders etc.. that networking was pretty good I thought. 

My fault for not doing my due diligence and being too trusting, it was a good learning experience for me.

I am admittedly a rank amateur though (haven't even made an offer yet), so don't trust my sole opinion.

Hopefully by that point I've built a strong enough relationship with him that he says "yea Derek I'd like to invest in it with you, your numbers look good and I trust you" In other words unless you have a smoking deal sitting in the coffer you don't want to ask for money, you want to build a relationship. 

I would not just trust a wholesalers numbers.

Hi all,Looking for your advice as my husband and I get ready to launch our real estate investing to the next level.