I've heard banks won't give the HELOC if my property is already in an LLC, and I'm curious if that is universally true.

Thank you all for the well wishes and support.

For the record, I know and respect David.I find nothing to disagree with in these statements, but the attorney conclusions do not support your suggestion that these types of agreement be utilized.

Buyer was ready to offer $810k, but comps only supported $740k... so the seller's accepted our $740k offer over other higher offers because it was well supported by the buyer's agent and they (apparently) felt that everyone else was throwing spaghetti at the wall.Very unique, and I don't think it's part of a wider pattern (so far), but an anecdote for you.Incidentally our Bay Area crew on BP is quite active and helpful, don't hesitate to reach out to anyone.

They are pretty universal so just to make sure you're safe have a real estate attorney check it over

I recently moved to Dallas after graduating from Texas A&M University with my masters in Real Estate.

The IRA is treated the same way as your current IRA for tax purposes, but you will have the ability to invest in assets such as real estate that are not handled by the mainstream brokerages.There are two types of self-directed IRA plans, and a lot of good info here on BP on the topic.IRA Custodians hold accounts and do the processing, but just have a different business model that supports documenting the IRA's investments into things like real property, notes, etc.  

I am located in Salisbury, MD and would like to emphasize the investment opportunities in this city due to growth of the community, downtown area, and the college (Salisbury University). 

Hi my name is Daniel HernandezI graduated from the University of Texas at Arlington Dec 2015 majoring in business managementMy dad and i started building houses in Irving in 2014, our first deal went pretty well but we felt uneasy not being knowledgeable of all the other elements of real estate so i decided to get my real estate sales person licence Feb 2015.

@Joshua DeesWere general contractors we contract out most of the the work, some stuff like painting and light fixtures etc. we do ourselves.I got my license online through Kaplan University, but there are alot of real estate schools in the metroplex, champions school of real estate is the one i hear about the most