Meanwhile you can gain good information from pod casts and the files.

You would gain a lot of marketing skills to use for future projects that you will have in your investing career.

Our basic goal is passive income but he is willing to invest in me and start with a few flips to basically learn the business front and back, buying, selling, holding, etc.

I can net about 150K if I sell today, after paying realtor and cap gain and whatnot.For two years I was dead set on selling it this spring and moved back to get the cap gain exclusion on one side of the duplex.

They added me to the mortgage so I could gain some credit and now I'm married and my wife and I have been paying the mortgage this whole time.

They clearly state in this article, “ROBS plans, while not considered an abusive tax avoidance transaction, are questionable because they may solely benefit one individual – the individual who rolls over his or her existing retirement funds to the ROBS plan in a tax-free transaction.”Another option to gain personal access, as Lisa Liberski noted, would be a $50k maximum loan from your 401K.

., For a passive investor, I would try to structure it as a loan.

It's not exactly passive or without risk.

Thanks for the heads up Steven, if I understand your point it is that if I take the cash and do not repair the property within a specified time I could have a tax on any gain.

I am not sure what you mean by "sad part they have a website and every thing (sic)"...most frauds make a website because it is a very cheap way to try and gain credibility.