In short, this is the exact same process as any other transaction...contract, title, close...some thoughts...Down- 25k is a bit light (even though this is all relative...I personally offer 10% down to open and some folks are fine with that)...I would ask for 20% down to protect the interest of your client...the buyer would get a 75% LTV product from a bank if they were not occupying the property.

To make the loan secured you need a deed or trust or a mortgage in addition to the promissory note.You should consult an attorney to make sure your IRA interest is protected.

Since 1975, prices have only dropped twice -- once in the mid-80s when the oil-centric Denver market was hit by the drop in oil prices; and a second time in the aftermath of the 2007-08 financial crisis.Now is a tricky time to sell.

Well now that I'm quickly approaching my last semester of law school and soon will be facing the real world, I have recently been turning more attention to my financial future.

Since you seem to have assets to protect and also want to enter a partnership, establishing asset protection would be wise.

Factor that in as wellI'd like to think we're capable, but would hate to dive in and find out I'm wrong lol - You need to make highly calculated moves and be financially stable enough with 6 months of carrying costs for you personally as well as the home you're financing to flip/rent/etc. 

Ideally if you provide paperwork for review, and your financial situation doesn't change much from now until the time you're ready to refinance, you *should* get an accurate answer as to how much you can qualify for. 

Ive also chosen at times not to purchase it, but Im also in a financial position to be able to take care of the costs involved with fixing a title problem.

I can only conclude that the people arguing for rent control are simply corporate shills willing to protect multi-billion dollar corporations like the Jewel grocery chain, while hammering much smaller landlords.

Has anyone ever used a Series LLC for their liable protection structure?