What are the pros and cons of a seller wanting to lend paper rather than an outright sale?

Just learned that I shall be looking at something called portfolio lending.

Now the question becomes, will a bank lend a conventional product to a self directed IRA?

You will have the opportunity to learn...in addition to meeting potential future partners and maybe even potential passive investors - if you choose to syndicate your deals in the future.Get people talking about their lessons learned in this industry...as there are LOTS of things to look out for.

A lot of the banks I called were maybe just too high up, and several of them said they don't lend on anything under 2million or even 1million...

**When you go to networking events/conferences, go with a purpose: To learn - yes, of course; but also to meet a couple of people you might be future partners with or whom might be future investors for you if you choose to syndicate your own deals.

Depending on your capital situation you could definitely use cash, or the combination of cash & hard money if you find a deal that has enough gap in the profit to get HM to lend on it.

There is an unpermitted bedroom addition in one of the units and there are three full kitchens on the property.I need the FHA loan up to the 3 unit lending limit to really have chance at this and I think it will come down to the appraisal.

it works. make it happen, and try to get him to lend you rehab money at 8% and note around 4%

Purchase price: $345,000 Cash invested: $1 2 year value add turnaround project in Macon Georgia put together as a Syndicate.