Usefulness might be regional due to the income limits; it's based on 2010 census data, as a consequence something like 85% of Oakland is "no income limit."

Once you have created enough funds or are ready to invest in real estate, you can transfer your IRA/Roth IRA to a self-directed account and purchase the property with the IRA/Roth.

Once the year is up you could balance transfer to a new card, and hammer the principle down as quickly as possible, until you are able to find a way to refi the property.

NYC Principal Brokers have to pay a LOT in fees and there are potentially 5 different MLS's.The MLS with the most desirable Listings has a Principal Broker Dues of $1,650 and that doesn't even include the software to access the Data on their MLS!

You still have several options, depending on if you want to invest directly in individual properties or be a bit more removed:Full-service turnkey investment: Should be mostly passive after you do your due diligence and pick a provider, but don't skimp on your homeworkYou choose which props to purchase, but have no control over tenanting choices, some say in large maintenance expensesAvg cost for solid B/B+ prop in Birmingham (and some other markets but this is the one I have data for, since it's my market) is about $100k per door; you'll pay market price for a tenant-ready, fully rehabbed propertyPartnering with someone who does the on-the-ground stuff while you provide capitalCan be passive if your partner really knows their stuff, but more likely you'd be fairly involved with the choices madeMore control since you call the shots with your partnerYou can pick which markets and price points you're interested inPotential for higher returns (ie buying distressed and then forcing equity through renovation) if your partner is experienced and can execute consistentlyInvesting in a syndicateMany investors pool funds to invest in much bigger projects like commercial space or large MFRs, or in larger portfoliosVery passive, investors are not responsible for project vetting or management, but you have no controlMay have higher bar for entry, some syndicates require large investments and you'll need to have liquid cash on handBuying shares in a REITLike an ETF but comprised of real estate investmentsVery passive, but no control over which assets are held in the fundHighly liquid, easy to buy and trade, lower bar for entryEverything is a trade-off between passivity and control, time and money.

Each county has a website that keeps track of real estate data.

They are two different data sets.

I would love a solid recommendation of the lawyer who can help us do a simple transaction of transferring our property into an LLC.

There may be a further due to find out if he can transfer the property title to LLC once the property is paid off (The repayment plan is in 3 years or less) or have it transferred to LLC once the company has had the sufficient time to establish its credit but that would of course mean that we would have to pay for underwriting twice.If there is a blindside to this I am not aware of please freely share your thoughts.2.

Is there a way to transfer to my name and do a refi or do I have to go the commercial refi route?