The reality is that if you engage in a prohibited transaction in June and your reviewer discovers that in November, it is still a prohibited transaction and there is no undoing that fact. 

JohnDisregard this solicitation if you have already engaged a lawyer in connection with the legal matter referred to in this solicitation.

They talked about the following method for those who don't want to be super active in real estate:Buy one house a year, ensure rent covers all expenses at a minimum Have each house on a 15 or 20 year noteOnce you hit year 16 or 21 (whatever you amortize the loan for), start doing cash out refinancesThis method only requires one house (more would work too) a year, and would greatly supplement or even provide a retirement.  

What do you find appraisers weigh more heavily in their calculations- current market activity, or proximity to the location?

You need to realize that it's far more common to get your money back out (or a portion of) than it is to get a deal w/ no money down.....While nothing down can happen, its RARE and isn't realistic if you want to be an active investor.

Looking forward to engaging with the forums and meeting people in my community. 

I am looking for someone who is responsive more than anything else and keeps their promised timelines on different activities.

The Operations LLC is often used for all the highest liability activities, such as property management, paying contractors, collecting rent, etc.This article can explain some of the differences more clearly.

They tent to limit your investment choices to conventional investments such as stocks and mutual funds.To set up a self-directed Solo 401k you need a specialty provider firm, there are several of us who actively participate on this forum and can help you.

I'm fortunate enough that my wife and I have been working on our finances and credit ever since we got engaged to the point where we can get almost the very best financing deals out there.