I hear people all the time making money even in poor market conditions.

And putting actual RE into an IRA has some very specific, unique and possible HUGE risks involved with it, make sure you talk to someone who knows about it or at least will find out more about it so you can balance out the pros & cons and make an informed decision.

They make lending decisions on a more personal basis and can be more flexible than the bigger banks.

I basically want to provide them the information they need to make the best informed business decision.

I have no money of my own to invest, but have 8-10 people who are willing to invest their money with me.I have located a distressed, poorly run property (2 units, each with 3 apartments) and ran all the #'s.

Plenty of people looking to help one another reach financial freedom through educated decisions and past experiences.

I spent way too much for it, but the Wife makes those in home decisions.

There has been too much speculitive investing by individuals who are being ruined by other peoples bad advice & half baked investment vehicles.I guess what I am saying is it is no-ones fault but your own in the decisions you make & the consequences of those decisions, but that in our current system so much is already being taken from us in all forms of tax (some unconstitutional).

Look for those poorly managed properties that you can turn around... and if you can get the property at a favorable cap rate, all the better.

Once they reach a decision point and a certain size they do one of three things.