We are starting to do buy and holds within our SDIRAs.We have found due to the nature of the properties which our town has an abundance of - older, inexpensive, converted large homes - that traditional 'non-recourse loans' are net to impossible to get.I am putting together an list of potential lenders and a 'package' to show them as to our plan, and will soon (late this year?)

I am by nature skeptical about someone saying they have a "secret plan to unlock your dreams of building extreme wealth using someone else's money, time and expertise".

Some improperly neglect to factor in the use of their personal money, equipment, etc.With that said, your question is of a personal nature.

Fortunately, due to the transitive nature of the arithmetic, whether you incorrectly call vacancy an expense and deduct it, and all other expenses, from the scheduled rent or simply deduct the true operating expenses from the effective gross revenue (scheduled rent - vacancy - any other foregone revenue).

Therefore I was hoping to use my position to leverage personal properties and natural progression thorugh the company by buying a house at every place.

For the most part, banks are listing REOs at market value down here unless we are talking about really messed up houses needed extensive repair where pics showing 2x4s propping up the roof and black mold infestation etc...so...we are not talking about where the listed value REFLECTING the distress nature of the property and people are bidding up to and beyond that.I remember in 2006 when the market was hot it was like that multiple offers on first day and bidding wars, I was talking to a realtor on a property and explaining my offered value based on several neighbor comps which are exact same houses in the same community with same layout and square footage basically same house did not justify that price and she said "oh no, you can't use these comps, this one is 1 month old, in today's market comps are useless if more than 1 week, next week this house go up another 15% in price!"

Open concept layouts with minimal to no carpet allow for better are circulation and are a natural fit for ductless systems.

My boat eventually capsized and I survived the storm, but not without losing almost everything.My goal was to have passive income from multiple properties in multiple geographic locations to mitigate the impact of a natural disaster.

@Taylor Green and @Linda Lin The nature of a second lien is in and of itself more risky than a first lien.

Anything above that is commercial of nature and you'd be required to put a generous down payment.