Even though in real life you should be able to buy it for 5% less the estate is saving in real estate commissions. 

If you were to use IRA money to purchase real estate with recourse debt, then a portion of your returns may be taxable.

My Start in Real Estate46 years ago I decided to switch “careers” and left international banking and became a licensed real estate broker.

Hello, I am new to Real Estate investing world, and have been educating myself since summer of last year, and been to only one local REI meeting and currently enrolled in a very good online course mostly on how to wholesale properties, but still have not pulled the trigger yet.

Opened another checking/credit card for just real estate expenses, and deposit tenant and our portion of payments into that account.

Private lenders are a key way to invest in real estate. 

@Sean Spagnola we work with a lot of real estate investors that provide us with intel on who the great property managers are.

Would love to sit down and have coffee with you and pick your brain.Would love to be able to have a mentor in this space as I start on a new journey in this Real Estate Investing World.Willing to work hard and take advice and act on it.Let me know if you know of anyone one or maybe you are that person.

I would expect to be getting their $1k deposit at closing to offset damages which leaves $5k.

I always have a back up plan with real estate .