Creative financing would be needed in this situation, in order to obtain mass properties with little or no money down.You should start looking for long term financing with a private individual/company.

I have been told that as an individual without an llc or corp, they can only fund to Self-Directed IRA.does anyone know why?

The right choice really depends on your personal circumstances like it does with the choice of entity for people.

There is a set tax % for the long term but the short term is based on your individual tax rate.

Taxes are what they are, but an investor may want to go with his own choice of property management and insurance company.Let's say for one of your properties, ROI is 20% after PITI and PM and a new investor ask you this question "If I invest my money in this property, will I see a return of 20% on my investment?"

Okay hard money pros...Scenario:-A fully licensed real estate (deeds...not money) broker in California wishes to make hard money loans at very high interest rates in trade for aggregating money sources for fix-and-flippers and providing the fund apparatus where they can pool investors' money-The broker/lender inserts a choice of law provision in the contract stating that the laws of California apply-The broker/lender loans on projects in other statesI read in other posts that people have received advice from attorneys stating that the choice of law provision somehow "imports" the rules of Cali and allows one to lend at usurious rates.

If it did not, then I would have no choice but to go much lower in price.

Also, BP folks need to check their tone when responding to individuals who make comments on RDPD that are not incendiary.

Even if they all paid that individually, I think you still did not have to do anything in regards to the deposit yet.

The answers will range due in large part to how the transfer (wholesale deal) takes place and the price points.For instance, if an REO, it is likely not "assignable" so if the buyer of the REO is using a second escrow for a double closing, then they will want a non-refundable deposit so you don't walk away and leave them holding the bag.If it is assignable, then it all depends on the contract wording that they are taking over, if an inspection period timeline is left over, they still have that.In other wholesale deals, they are mostly non-refundable deposits to keep you from backing out at the last minute with nothing to lose, that protects the wholesaler.As for inspections, typically, you as the buyer should do your inspections first, then decide if you want it and at that point, a refundable deposit is not needed, you have already made your choice to purchase the property.