All expenses are split proportional to ownership, as well as all income generated.Furthermore if you combine your own personal and IRA funds for this purchase, you will be unable to get a loan to finance the balance of the purchase as it's illegal to use an IRA asset to collateralize a personal loan.However, if you have enough funds in your IRA for a 30% or more downpayment, plus some cash reserve, your IRA could purchase the property directly, without involvement of your personal funds at all, by securing a non-recourse loan if additional funds are needed.

When we put offers in for a client, it's rare that we get a declined offer.

We don't allow pets and make rare exceptions with a pet deposit.

Your total debt service combined is $1,574. $2,200 - $1,574 = $626 net cash flow; $156.50 profit per unit per month.If you get a deal under contract similar to this example, it will not be hard to find the money to finance it.

Nowadays I rarely find something an inspection would catch that I don't know about.Code violations are difficult to find.

Banks can make the loan due upon this change but that's very rare.

@Jon Klaus, I chose to become a broker because I wanted to learn real estate from the perspective of working with customers and with the hope that I could somewhat combine the two, investing and brokering.

Usually when I refer the lead to another Realtor, it rarely turns into anything.

The "C" in CLTV stands for Combined.

I think the case you present might be more rare than the alternative.