However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.

By identifying the right buyer within our network and streamlining the transaction process, we added value without requiring extensive renovations.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.

I highly recommend finding a broker and have them find a policy that meets your specific requirements.

Scaling from 8 to 20-30 flips per year requires a strong financing strategy, and business funding can be a great way to access capital without it reporting to your personal credit.

Yes, Kansas City has tenant-friendly laws, including:Stricter eviction processesLandlords required to meet certain habitability standardsMore tenant protections against retaliationIf you’re unfamiliar with local laws, a PM can help navigate compliance and avoid costly mistakes.Final Thought:If you prefer a hands-off investment, a good PM is worth the cost—just vet them carefully.

I especially liked Matt's process of creating my business plan as it forced me to really think about it, get it right and make it easily understood by my clients.His process for the offering also made me think about transparency and other ethical issues that are required by law to be disclosed in the offering.

While I certainly think that reducing retirement account contributions and investing in real estate could be a great option for an early retirement, it requires honest conversations and detailed projections around your current portfolio's performance and expected rate of return on future acquisitions.