If the Listing Agent is trying to force you to use a specific title company, that's a violation of RESPA rules, and you should refuse.At very, very least, show up to the closing and tell the title company you refuse to close until the fee is removed.

My questions is this; if one party who owns a property in a SDIRA wants to sell it, and a prohibited party wants to buy it, either within a SDIRA or otherwise, are there certain rules that apply to the timeline of how long it would have to be owned by another outside party that is NOT a prohibited party - such as a 'fellow friendly investor'?

They should also be able to tell you what type of return parameters their investors are typically looking for and you should be able to compare your structure to those of their more successful raises.Again, it all sounds like a great idea right now, but you have to also remember, capital investors get to make the rules right now.

George, those 50% rules don't work too well around here do they?

Just curious- how did you verify this guy's identity as a "bank representative"?

If in your shoes, I'd consult with an attorney to find out how you can accept $1800 a month with the possibility of pursuing them for the difference later.As it pertains to future tenant screening, a general rule is 3Xrent for income.

This is a small community of identical units.

I take it that a lease option on a property seems to be a unfeasible option, but would that rule out a longterm master lease on my end and then renting to these same tenants.

I hope all the new investors scouring the properties in low-income/low-class areas in search of those units meeting the 50%/2% "rules" read this thread.

Is anyone still doing these loans despite the 90-day seasoning rule?