In many states dual agency is not even allowed by law.A broker or agent in many cases can still get the whole commission by having the seller or buyer as the client and having the other party as the customer performing "ministerial acts" only for them.Ministerial acts for example can be filling out a contract but not answering questions from the customer on what's the lowest they will accept and other key data the seller might have given in a client capacity.

I am currently working on finding Private Funding for a free and clear property I own in my SDIRA (harder than a non IRA property).

This is for those in the restaurant business, but there are direct parallels to seeking private investors for real estate deals.

I am looking for Miami real estate investors with me to partner in either a debt or equity structured arrangement that will be beneficial to both parties.Time to get hip to self-directed retirement accounts and doing deals using private lenders.Given what's going on in the world right now, folks will be looking to shield their IRAs and 401(k)s from the foibles of the Wall Street Casino.

Anything I raise, I would try to partner with a private money, bank or hard money mortgage to get started.

Here's some info Brandon Turner did on his Blog:http://realestateinyourtwenties.com/blog/hard-money-lenders-loan-sharks-of-the-real-estate-industry/Alternatives you might try would be private lenders - friends, relatives, real estate agents, contractors, etc.

Altough I prefer Direct lenders and Private financing for now.

As Ken mentioned your state and local custom will determine how implementation is enforced.

Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show them they would get better returns than just sitting in the bank and could be great supplemental income for retirement years and B) I'm not looking for a handout but truly trying to learn how to structure deals for private money in the future.That being said those of you who have partnered/joint venture would you be so kind as to share some of your different agreements?

In Option A the 120k would payoff the private investor completely so that wouldnt be an issue.