In short, I'm a private real estate investor.

@Darryl JacksonHow much you need can depend on many factors , the purchase price of the home , the rehab costs etc.Also if you are going to pay all cash or leverage ( hard money or private money loans etc ) If you don’t own your own home I’d suggest doing a live in flip or house hack as you can take advantage of low money down loans like an FHA loan for 3.5%Many people have used this as a way to start out and gain equity that they then use for other deals .It’s possible to do deals without your own money if you do a joint venture type deal but could be hard to find someone to partner without experience, might have to give up more than half the profit but still better than no deal .

I put a small downpayment down towards the condo and took a private loan from them that I am paying them back for 25% ownership.

Both were in hot markets. 600k I sold for low to get rid of very quick.

And, there are private lenders in the Raleigh market who would cross collateralize (taking a lien against one of your free and clear properties)....more expensive than a HELOC, though.

And, here...is my question...I have been analyzing a bunch of SOLD multi-families using the actual sales price and I cannot for the life of me figure out how anyone is making money!?

What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?

I sold 2 of them using owner financing to another investor and made $6k.

Any new building, remodel or otherwise must be guaranteed for structural ingrity and insured for up to ten years after the house is sold.

Anything falling within that description would be self-dealing and result in severe tax penalties for the IRA.A self-directed IRA allows the IRA to diversify beyond the stock market into assets such as real estate and private lending, but everything is done through the IRA and exclusively for the benefit of the IRA.