I was hoping to leverage this information; however, I just received a response back from our compliance department that employees cannot buy REO's we service.

I found a couple of killer deals there, but I wanna run them by a couple of folks who know the market before pulling the trigger...

A dog is a dog, not human, and operates on different triggers than humans, and believing they don't is potentially dangerous.

I'd incur UDFI from buying on low-down leverage/terms in the SDIRA; but apparently the Solo (Roth or not) 401ks are not subject to UDFI/UBTI, which opens up some good possibilities there.I've heard some people are optioning RE from their SDIRAs and Solo 401ks, since options don't trigger UDFI.

With an owner financed deal, you want a triggering event (i.e. non-payment) that causes the contract to revert back to a straight rental.

There was a significant amount of time, money and effort put into getting the contracts created with the requisite triggering event and conversion clauses that negate the equitable interest, the documented supporting legal opinion from the drafting attorney (this is nearly impossible to get because no attorney ever wants the liability) and all of the actual supporting case law that supports the position for utilization in court with the judge as well as when speaking with sellers.

A few local investors have gone through it, but no one will pull the trigger.

Do not tell people streets if you really have a good deal as they will pull the trigger faster.

It could be the FDIC but likely the owner will be another bank.Were you current on the loan and in compliance with the loan terms?

Usually just a few questions will trigger him to freely start giving info.