If it is seller financed, you have no real estate agent fiduciary protection, so it is up to you to protect yourself.After all that, then, yes, work with an attorney on how you hope to close, LLC, trust, or in your name. 

Both structures are treated as investment real estate and subject to the same issues as a sole ownership rental property. 

I'm eager to get back into the real estate investment world and I don't have any connections out here in the 5280 so I'd love to connect!

In the meantime, I am trying to better understand the Indianapolis (Fishers, Carmel) real estate market and considering getting a realtors license.In Indiana, the cost for the real estate licensing course is approximately ~$580 and an additional ~$80 annually to maintain.

For example a real estate agent may only be paid when a commission is earned.

Hi,I am going to open a solo (self directed) 401K account from 1099 income I will earn.I weighed pros and cons of solo 401K vs SD IRA, and solo 401K is better option for me.I plan to roll over my previous employer's 401K into the solo 401K account.I want to invest in real estate syndication (passive investment) from the solo 401K account.Does anyone have any good recommendation on the company who manages the solo 401K account?

If you want to build net worth I can't imagine you'd find anything in real estate better than rentals.

I'm Logan Cooper from Hampton Roads, Virginia, passionate about real estate investing for the past 2 years.

Over the past few weeks, the BiggerPockets Blog: Real Estate Investing for Real has really grown in quality and content.

I dont know that I would give up the liquidity unless you also plan to recast the mortgage to lower your monthly payment (or can get a line of credit on the property to pull out the 60k equity from the cash).