Hi Vincent Milano I have a free mastermind panel event on funding your deal on September 26 at 35 Cooper Folly Rd., Atco, NJ 630pm to 8:30 PM.

He directs a percentage of personal project earnings to the cause of homelessness in Los Angeles to provide aid and raise awareness for those less fortunate living in Southern California. 25+ years of sales, management, real estate and business development experience.

The only reason it is structured as unsecured is if 1) the borrower's net worth is substantial and it's basically a credit card or 2) collateralize funds cannot be secured for a specific reason (such as high volume inventory purchase/sales) but the ave balance stays constant.

My brothers (who got the same amount) are going the Index Fund / Stock Market route.

Once you have significant capital in qualified retirement funds that you can actually do things like hard money lending or buying properties, then a self-directed plan makes sense.

The following IRS websites cover the UBIT rules. https://www.irs.gov/charities-non-profits/unrelated-business-income-tax To avoid UBIT it will be better if the self-directed IRA loans funds to the LLC as UBIT does not apply to notes.

After doing this for about a year and raising enough capital for a downpayment on a home, I plan on purchasing my first single family home.  

I am also interested in partials -- I have a 2nd that is currently in payoff, so I'll have funds coming free that I want to invest.

Seller is agreeing to loan me the funds for a downpayment and closing on two properties.

I have an offer from a lender that is currently asking for a 12% fee and in return they will provide my business with 60k in Funding.