I would be inclined to go with this logic if it were part of a larger development or subdivision in the works, but this missing road is lined with various individually owned lots, so am I to assume unless all the lot owners get together and co-sponsor the construction of the road, that it will remain as is?

Another claimed that he had temporary credit issues but I found judgments that just fell off his credit report, demonstrating long-term financial issues rather than a temporary issue. 

I get that I would be buying out the shares for the individual who holds all the shares within the established LLC, and it seems there will be no closing costs.

Podcast.I am a Veteran of The Marine Corps and I am wanting to use my VA Loan to buy a multi-family home to live in and rent out as my first deal.My Goals:Make a posivite impact on the communities where I live and work.Become financially independent so that I can focus on my family and travelling.Complete my first deal before the end of 2016.Earn my Ohio Real Estate License.Own 10 units within five years.Create a Net Worth of $1.5 million within 10 years.

They may have mandates that essentially require stick-built houses, which would be more expensive, and may make the lots financially unfeasible.That could be another reason why the lots were never built on.Lastly, consider that if it's a package deal, some of the lots may be buildable and some may not be (or may be more difficult, less profitable). 

It might be something to look into, as long as you think about the different financial aspects of any of the potential deals. 

I am currently in the financial market looking to explore new investment opportunities.

., the IRA participant, his or her parents, children, to name few).The IRA participant is not allowed to use the property for personal use.Invest in Real Estate Using a LLCWhen both the IRA participant (in this example Jim Brown) and his IRA pool their funds and invest in an LLC for the purpose of investing in real estate, title to the property is taken in the name of the LLC.For example, if the name of the LLC is Buckeyes LLC, title on the deed would read Buckeyes LLC.Just like above, the LLC cannot obtain a loan and the IRA participant and other disqualified individuals are prohibited from using the LLC owned property for personal use.ANOTHER OPTION Your father can use retirement funds to invest in real estate operating company that is structured as a C corporation.

Looking to start putting my thoughts to action and start my path to financial freedom.

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