Hi All,I have recently created a new LLC in TN for the purpose of Real Estate Investing and the LLC has 3 members (33.3% each) including myself and 2 foreign investors from the UK.

Create a scope of work for the 10k budget to try to stay on budget and identify possible ways to save money for your project.

-Forgot to mention that the refi into a VA loan will also create the VA funding fee, which is 3.3% of the purchase price for a second home. 

Tips: https://www.biggerpockets.com/blogs/10145/72118-sy...Bes sure you know what you are doing, stay conservative, under promise and over deliver, create relationships and understand the amount of money you are able to raise prior to putting a deal under contract. 

Rochester MN, home of the Mayo Clinic, is getting a $6 Billion investment to create a "Destination Medical Center."

I subscribe to the philosophy of not creating artificial vacancy. 

If I make an S Corp and start hiring a couple employees is it possible to create my own company sponsored health insurance plan and 401k through house flipping business?

You could use the BP calculator (5 times for free membership) or find some available online for free.The most important thing that is going to get you ahead: commit to do 1 thing at least every day that is going to get you closer to your goal of acquiring and creating wealth through real estate: read, analyze, go to open house....Hope that helps.Good Luck

On here you will find many "successful" SDIRA investors who have clearly violated the prohibited transaction rules, they just haven't been caught.Essentially if you are looking to invest with a retirement account and you want it to remain retirement money it can work, if you are looking to create non-retirement income or look to help finance yourself it generally will not work.I have probably talked to 50 people about this, 2 are doing it correctly, a couple have disregarded the rules and have done it anyhow, and most everyone else heard a pitch and wanted to make it work when it couldn't work for them...Maybe you can get a national person to do a webinar for you?

All pumped by money that people don't have, created out of thin air by the fiat currency system..