I am at roughly 60% LTV with my holdings combined.

Get some sales training in this unique area.

All expenses are split proportional to ownership, as well as all income generated.Furthermore if you combine your own personal and IRA funds for this purchase, you will be unable to get a loan to finance the balance of the purchase as it's illegal to use an IRA asset to collateralize a personal loan.However, if you have enough funds in your IRA for a 30% or more downpayment, plus some cash reserve, your IRA could purchase the property directly, without involvement of your personal funds at all, by securing a non-recourse loan if additional funds are needed.

As a lender I was in a unique position to learn of distressed owners, people moving, failed properties, contracts falling through, people needing to sell, etc.

Your total debt service combined is $1,574. $2,200 - $1,574 = $626 net cash flow; $156.50 profit per unit per month.If you get a deal under contract similar to this example, it will not be hard to find the money to finance it.

It's very unique and I like the creativity, although I would have two concerns: 1) it requires two steps and most people don't follow through on that from solicitations and 2) a lot of people might think the website on the postcard is loaded with viruses.That being said, it wouldn't be a bad system to test and see if you get good results.

@Jon Klaus, I chose to become a broker because I wanted to learn real estate from the perspective of working with customers and with the hope that I could somewhat combine the two, investing and brokering.

What was unique about this project is that we actually financed some of the pre-starts, which made the raise more difficult.

The "C" in CLTV stands for Combined.

Is there something unique about what you are claiming that others don't have access to?