@Ryan Stevens You can get a bridge loan or some other short term financing but you are going to play a lot for it and they are all going to require at 70% LTV so you would need $75k on top of paying upwards of 10% interest on it.Maybe @Andrew Postell has a product he could help you with.

The new ADU laws, especially for owner occupants is likely one of the best cash flow plays available to smaller owner occupant San Diego investors. 

Wholesaling would be considered trade or business and income from an active business inside of an IRA will be subject to Unrelated Business Income Tax.

We're up to around 7100 single family homes currently active on market..  

@Jack B.Three scenarios: 1) If you reinvest- yes it is traced to that activity and deducted2) if you use it for personal use - non-deductible3) if you hold on to it on your LLC account/ books, but dont reinvest - it can be argued that you are holding on to that money for future repairs and stuff and you refinanced/mortgaged because the interest rate was super low compared to what coming in the future.

@Darshan Patel Ultimately, if a NJ lawyer told you this is how it is there, then you have to play by those rules.

My partner, @Brandon Abbott, and I are actively seeking large 100+ multifamily properties in the Raleigh-Durham market.

I’m really interested in seeing how this idea continues to play out against the backdrop of Portland’s housing issues. 

There are lot's of other Boston BP Members that I'd love to connect with as well, and there is no better way than to get active in the forums.

It depends on if IRS considers you an investor or trader. they look at different factors, I pulled court cases where they looked at these:(1) the taxpayer's investment intent; (2) the nature of the income to be derived from the activity; and (3) the frequency, extent, and regularity of the taxpayer's securities transactions (Kay; Mayer; and Moller)  A taxpayer is a securities trader only when both of the following are true: (1) the taxpayer's trading activity is substantial; and (2) the taxpayer seeks to profit from short-term swings in the daily market movement, rather than to profit from the long-term holding of investments.