Finally, if you are seeking something closer to home I have great trust (as an educator and someone who has been in this space for a very long time) in Chris Tanner at New Direction Trust Company; they seem to offer many of the above options and we have investors who are very happy there.

(Not legal advice)Excellent post, good information there.I practice in Indiana, so the below may not be relevant/correct for other jurisdictions.Some additional caveats/tips I would add:- if you have a bankruptcy filer filing multiple bankruptcies to stave off a foreclosure sale, especially after the second/third bankruptcy filing within a year, and you attempt to seek In Rem relief, it is a good idea to get a certified copy of the Order for Relief and record it with the county.

I always write my own contract or make sure I can modify their existing contract to include things like: when the job should start, how long it will take, what penalty there is for the contract if they go past the deadline, what approvals need to happen if the job is going over budget, how much I need to put down to begin (i don't like doing more than 30%) and what the payment schedule is after that (some larger jobs will have milestones where another 30% is payed when completed), and what will be delivered to me before final payment (final approval, lien wavier etc..)

I’m definitely willing to seek out motivated sellers and buying at a (somewhat) discount, as I never pay retail prices for anything.  

Please seek out some professional advise on your specific situation, but I would use a land trust (for privacy reasons) and then have the beneficiary be your living trust. 

If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as many doors as you could, had 100k to start, and still had cash for reserves…Would you continue renting and or seek out a primary residence where you could house hack (keeping your DTI low, so that your able to still acquire rentals) or would you first acquire income producing rental properties and then use that income to eventually help you qualify for a primary residence?

Readers are advised to seek professional advice.

But i dont know what to do, should i pay off credit cards first, its about 25k, or can i seek financing with a bank or private lender?

Why not just seek to borrow money from this person as a private mortgage secured by the real estate?

Thoughts on this….This article was sent to me from my CPA after I asked a question about my current note investing and investments I am seeking to get in on, which includes anything from individual purchases with a JV to accredited investing with a fund company.https://www.cnbc.com/2021/09/1...My SDIRA also sent me this email regarding the proposed tax law on using IRAs for these investments.How does the proposed legislation affect me?