Take your time to research and ensure your investment aligns with your financial and personal objectives.Feel free to reach out if you have more questions or need further guidance.

It's been interesting, because lately a number of people have had this exact problem and we've been discussing it on this forum and personally with others we know. 

Taking a bit over a long period of time is better than taking it out all out at once.Furthermore, you can have 80% LTV if you purchase property in your personal in your own name.LTV inside of a SDIRA is somewhere around 50%

The title company says it would need a satisfactory quiet title action and a couple of other factors that would be part of the QTA.I certainly can't be the first person to attempt to clear a title in New York and would love to get input from someone who has done so.Thanks in advance...

Ask the person lending you the money.Banks won't care.

@Jay HinrichsHold on a min.... are you guys saying there are state laws in place saying what information I can disclose in a personal letter to sellers??

Personally I'd think more about quality of life you are looking for and if that market fits into your overall investing goals.

Maximum 10 total properties (not 10 financed properties like fannie/freddie 1-4 unit properties, so even if the properties are free and clear it counts against this 10 "properties," whether there is debt/liens against them or not)You can use 1 year tax returns for self employment and 1 year tax returns for rental property income calculations as well which is huge for BP folks since most of us are rental property investors and self employed/S-corp/schedule C personal tax returns@Matthew Kwan @Carlos Valencia @Joe Homs

If a person cannot afford to make their taxes and insurance payments on a monthly schedule, how would they have the personal discipline to set it aside for yearly lump payments? 

They forged documents, have the assessor for king county as one of their CEOs (my property was in Clark county WA but my property title was changed in King county WA where he WAS the assessor) hsbc had to pay me and countless others for bad foreclosure practices and that caused them to go bankrupt and my loan was floating and I essentially owned home free and clear due to terms of the contract stating that if loan was to be sold that hsbc my husband and I and the new proposed lender had to all meet in person and sign new paperwork permitting the transfer of the loan which never happened.