You never know who is watching this discussion and can provide extremely valuable feedback that a mentor or coach may provide for an arm and a leg!  

The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

You can forget any large bank like Wells boA or large regional s I highly doubt with your scenario they will provide any credit to you.then you have the Brokers who are responding.. they set you up with a direct HML that does vertical Rates 10 to 15%  and points 3 to 6.. of which the brokers take 2 to 4 points for setting these up for you. 

Hi Nail, I might be able to help you since I've been investing in the area for many years now so feel free to send me a direct message.

@Brett SynickyI copied and pasted from a SIDRA company.Process to Invest Your Self-Directed IRA:Complete a Self-Directed Investment Direction FormIn Section 7 of this form, please indicate the following:Asset being acquiredAmount to disburseDisbursement methodCheck -Need name of payee and address to send check toWire – Need wire instructions.

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

I have completed renovation on one side and running a small business out of that side.

it is probably best to speak with this directly with your local section 8 office.

It's ultimately why I stopped being a small-scale contractor.

Here's the background info:My wife and I bought a small house, 2 bed 1 bath, in 2018 and rehabbed it while living in it.