I found many are very area specific (they may only lend in one county of the state), but they also know the area very well and can make decisions quickly.The best advantage is that the rates are much lower than private or HML, and it's only one closing.  

Account Closed feel free to send me a pm and I'd be glad to discuss your specific matter with you offline.

Maybe it's state specific where you are doing licensed work without a license that opens you up to surrogate on? 

I should specificity that I'm looking to buy another foreclosure that I can fix up and either sell, rent, or possibly move into. 

My criteria is a multi-family property with the intent to buy and hold for cash flow. 

This is obviously location and property specific, but we're working with partial numbers so far...let's assume you'd want to stay in the cabin on vacation:)  If we find a place for $300k with 25% down at 5% interest, conduct $50k of value-add rehab...renting it 12 weeks/year breaks the project even on a cash-flow basis incorporating all costs.  

I would do the deal if the numbers meet your criteria.

@Abdul King - what kind of criteria are you looking for when it comes to purchasing a property for a rehab/sell/flip?

Welcome to the site.I focus on commercial for investments specifically retail.

The current SDIRA administrator I am talking to says it's not mentioned specifically, and it's considered a gray area;  that most tax attorneys recommend to avoid it.