Hello,Last SDIRA question for a while :lol: I read this on another website;Due to conflicts of interest, neither you nor a close relative can live in the home now, as this would be considered a prohibited transaction with a disqualified person (IRC §4975(c)(1)(a)).

I think you have to be very cold and objective about evaluating whether they'll be good tenants.

I used to play the stock market, but with the relative risk and reward to investing in real estate, why continue, right?

Your own business: not related to real estate.2.

The project is rated high in green building certifications and I am also focused on the relational aspects of an "intentional neighborhood".There are many issues to consider for smaller houses.

Ultimately, it comes down to math and your objectives with the deal.

Generally speaking, the price of an REO is not indicative of it's actual value, and isn't even related to its value until it's sold.

My question is should the assessed value and asking price be a little closer together, or are they numbers that are just set by different interests and have no real relation to one another?

David - Another way that you address the liquidity objection is by pointing out the low loan to value.

A lot of the issues at underwriting are "complex," because the underwriters themselves are not very versed with how to review financial statements either they use "self employment income evaluation," methods designed from Fannie Mae which help in determining risk analysis but to objectively know how to read the statements like a finance professional thats a different story as most loan officers are not finance professionals.