@Bryan Schmidt It sounds like you will need a construction loan to fund the improvements even if the seller were to offer you a second position mortgage for 20-30% of the purchase price.

You will have to consider that the VA interest rate is probably going to be higher than what the lender is currently offering. 

It is offered as a way to bypass buying RE in SDIRA? 

What suggestions/feedback would you offer someone who is considering leaving their W-2? 

@Roque MirandaI do not but it may be wise to have a lawyer draft one up.

I plan to consult with my lawyer but I also wanted to chat with yall.

The auditor has some info, too.As for ARV, I am looking at comps from CMAs that brokers and agents provide in addition to the websites everyone uses.Having a crew ready to work (and a lawyer, and a good title co.) seems prudent.

Use that money to put down on a real piece of property that offers tax benefits, appreciation and less police traffic.

The program looks at location, property value, amount owing, interest rate, taxes, insurance, rents, condition, etc and several exit strategies.When we make an offer to buy, we can offer cash, subject to, wrap, seller financing, lease option, seller carryback and so on.Obviously if we wholesale the property, there is no carrying management needed, and if use a lease option to sell, the optionee is responsible for maintenance and repairs.

I'm purchasing in New Jersey and I have been looking for a way to establish a land trust, but reaching out to lawyers, there does not seem to be much dealing with this (most don't know what it is).