My military carreer places me in a unique situation where I have no choice but to fully embrace virtual real estate investing!

I have a legal coach that is MUCH more insightful and less expensive than a probate attorney.He does California law, and can prolly stretch to assist you.

The guy originally asked for $180k, we have coem down to $170k and I am mentaly debating the deal. mostly because it stretches me a bit.

This challenge is typically, but not always, a combination of adverse credit issues and an immediate need for liquidity (cash).A rational borrower would not seek out a high interest alternative loan if a conventional loan were available, so in that sense, it’s not a stretch to describe a hard money loan as a loan of “last resort”.

I know this is probably a stretch, but based on the plain language of the statutes, I think there may be something here.Scenario: I use my self directed IRA to buy a rental property - I know I can't manage it personally for any compensation (only to maintain the value of the house).But, here is a different twist - all of the language in 26 USC 4975 about prohibited transactions refers to a "disqualified person."

You could find a small MF, but make sure you don't stretch yourself by not leaving enough in reserve.

I think the way around this is to build a case to show that your case is unique so that an exception may be granted without creating a precedent, since the next person asking for the same exception would not have the same unique circumstances that you have established.

I have a investor I deal with that does these type of unique transactions, worth a shot.

We meet the third Saturday of the month from 9:30 till about noon with a unique guest speaker every month and a time dedicated to deals and networking.

James Hiddle, I have been taught that I can't stand out as unique and great if I do what every other person is doing.