If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

That is a common arrangement as well, that can be done after the loan has closed, too. 

for this property Ill be doing a conventional loan. 

You guys need to get rid of that student loan debt.

Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.

(Even went beyond the second page of Google.)I have an investor who wants to partner on a deal by providing a loan for the down payment.

However, the ex wife name remains on the loan itself.

With the proceeds we later purchased two properties the same month, one with FHA loan 5% down and received a closing credit of $8k plus a $2k check made out to us after closing.

Consider exploring financing options like FHA loans and refinancing as the city grows.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.