Establish a set of property rules that are written in easy to understand English, with clear consequences if the rules are broken.

So, I am about to relocate and rent my primary...I would like to hold it in an established LLC...what are the correct steps to do this?...

After a few successful years as a medical sales rep., I'd like to teach myself other opportunities to grow my wealth and give my family more of my time and attention.

Here's why:Fannie/Freddie (GSE) deals are only originated by a bank, based on guidelines established by the GSE's as to what they want to see in a loan.  

Hi Betty,Step one is to actually establish your self directed IRA first.

Rodney, IRA = Individual Retirement Account (regardless if it is conventional or self-directed) and is established in individual name, not in the name of the entity.In order to establish Solo 401k, you need to have self-employment activity, which could be under entity or simply as sole-proprietorship.

They knew I had been dedicated for months seeking out the right deal, so the trust was established.

It's somewhere between $150,000 and $250,000 I'll need, so not those little lenders I keep running into on Google.It's not for some new, risky business I'm hoping is a homerun, but for a long time, well-established franchise that has already been doing great for a number of years.The length of the loan doesn't matter too much to me, as I could throw large chunks toward this summer, and then probably be done with it by next summer, as my current business, which is massively passive, is very seasonal (Spring time).I won't say I'm desperate, but also with the shorter nature of the loan, and proven sales, as well as the success of my other business, I would even be willing to go for higher than normal rates.Anyway, thanks for any advice on lenders you might know of that deal in this area.

Second, and would it be better to establish a company to support the services that your providing to another?

A big feature to remain compliant is to establish a relationship with at least 3 hard money brokers who know how private lending works, before even moving past go.