We thought $200,000 per lot would be the max we could justify (still would need to pay all school fees, utility extensions, park fee of $10,000, permits, etc., PLUS all the other building and development costs) Some foreign investors made an offer for $585,000 for both lots, telling the seller they can close in 10 days and construct the house in 90 (right.... but I digress).

To structure it any other way would seem to miss the point entirely.Kama Ward- If I hear what you're saying correctly, it is that the biggest problem with raising funds in this manner is the accountability and transparency with which you must utilize any funds raised.

Keep the buy and holds outside of plans and utilize the tax benefits of BOTH vehicles.

Then I'm usually back home to finish some administrative details, exercise in between and then off to city hall or county recorder's office (only one, the WORST one in customer service, isn't online - the other 3 that I use are all online).

Leaving the account still open and continuing to make new contributions.Also when acquiring real estate with "qualified funds" (your retirement accounts) and utilizing Acquisition Debt (a mortgage) there is some tax to be paid on the income, even in a Roth account.

I don't think the house has been flooded for more than a week and the auction is happening at the end of the week.I'm not afraid of complete tearouts, but I'm wondering if I'm going to run into problems with a sinking slab or under-slab utility problems.

There is a procedure and form that the customer has to fill out and submit with their Money Order stub.

First - Bill Gulley's post back oneIt is true that much of what we do could be translated to the site built industry, but there are some very important differences which means it doesn't work very well for either side to utilize us for site built, or someone else for MH.Plus, RCG is not interested in the site built industry.

If you need help utilizing the resources here at BP please let us know!

No customer service.