Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner.

We have the 2nd highest Gas Tax in the lower 48.The Governer is trying to put into law, a tax on the amount of miles that you drive each year.A recent poll found that at least 50% of the Residents would leave this State if they could find a way.Raymond

Mark, welcome aboard.BP is a great conduit for RE investment advice and insights.My company is both a private buyer and private lender on lower ARV $ properties throughout the U.S. 

Having same issue looking for attorneys that do assignments. this is so frustrating because i have learned to generate leads ez enough but even if i get property under contract i still have half a deal because i cant seem to locate key people to consumate deals so i can complete transactions.

Although my company is based in CA and IL, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Best of luck and continued success.

Below is a breakdown of the financials at purchaseGross Rent (All 4 units rented): $3,200Purchase Price: $372KThrough necessary rehab, and knowledge of the market, I determined I could increase rents, find better tenants, and lower maintenance/my time dealing with issues.I purchased the property through a 203K renovation loan, with 3.5% down, 30-year fixed.

And it doesn't seem that I could get any lower than that.

Because the seller hasn't been reasonable with the price, and I can assure you the agent has been trying to get them to lower the price.  

Good fresh paint job and cleaning.If the house is lower income then a larger expense on renovation will most likely not be inline with the return.  

Are they refinanced to help lower his monthly debt to income ratio?