Your IRA can buy an existing note or make a loan to a borrower.

Hello BP family,I recently purchased a home with an FHA 203K loan.

I am a full-time physician with a large amount of student loan debt and two young children.

You borrowed $50k from one house to purchase the second house, which means you have three loans for two houses. 

They were able to offer a 1st position loan based off the property and income, and the seller was allowed to offer financing, but in a 2nd position.  

At a very high level a property has a “tax basis”, once you exceed that basis you are subject to taxes, whether that happens when sold and paid in full or paid over timeThe loan provided by seller financing is like any type of loan where the interest is taxed at ordinary income rates.

The idea is that I would be the one to find the deals and obtaining the loans.

You can close in a DSCR loan in your LLC with a similar down payment as conventional. 

One issue i will run into is funding since alot of dscr loans do not fund in rural areas. 

Now use the same $100k to buy a $500k house with a loan, it goes up 10%, you have $50k!!!