If the IRA is involved, then you personally may not bring money into the deal. 

Also likely, the property is a little bit unique and that might have scared them away.Thanks for the feedback regarding lenders and others involved!

There plenty of other opportunities elsewhere, my clients are involved in institutional grade properties across the country.

All involve a car and beer.

Part of that involves tracking depreciation on the property. 

., but just can't bring ourselves to give the lenders all that money as the additional costs and higher rates involved in those types of loans makes the numbers seem worse, and stocks have been a better alternative for us recently than taking out expensive loans for more real estate. 

We learned a lot about what we shouldn't do.Currently my job is in clinical research and involves a lot of travel.

Public records and publicly recorded leans looked clean on this one and his claims of title being clear and prepared seemed to align with some quit claims filed last year moving ownership to just his name from a multi-partner situation.

@Matthew Teifke runs an awesome PM group and is very involved in the Austin market and REI in general.

Hello, are there any risks involved with purchasing on foreclosures sales that I am not aware of?