I may seek other quotes or look into the feasibility that my handy man could do the install (he is only an OK handyman, I used to have a great handyman (that I would trust for this installation) but his Mom had a stroke so he does very little work for me recently).If you go for the self install I would be very interested in the details.

Well, considering the lender is more than likely a federally regulated and insured instituion, defrauding them makes it a federal offense and sticking it to them on a transaction because they are the big bank that caused this mess in the first place, isn't the defense i'd want to use in front of a judge.

I found the list on here with all the companies that handle the self directed IRAs and plan on calling and seeing what they can do for me, if anything.

Quick question, I work with a group that converts hotel properties to green energy and fully self sustaining properties.

We self manage them all ourself even the ones located across the country. 

One way would be to do a joint venture with another flipper where you both put in cash and split the profits after 'selling' the house back to your self.

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Yes we do and that was the original plan but my partner has now decided she doesnt want to use her's by  transferring it to a self directed 401k.  

Since we are all self-employed its a little more difficult to get approved by a bank so we are looking at owner financing since coming up with a down payment would be no issue.  

Expenses (taxes, HOA, insurance) are $267/moI came up with a Cap of 8% (the bottom of where I am comfortable).If I had $80k in cash sitting around, I would jump on this deal, but as it stands we would have to either 1) buy in a self-directed IRA for a longterm investment or 2) cash out part of our IRA, take a tax hit now, but enjoy $600/mo extra income forever.