And from all of the advice of the guests on the podcast, we are actually marketing for our own deals as you can see above :-) @Michael Lemieux - Hanging up my keyboard means I am done with programming and working for someone else for a living..definitely on the top of my goals!

Conventional loans are no longer an option for you as a cash out refi. 5-10 loan programs only allow you to do rate/term refi's as far as I know.To me, your best option is to go to a local lender and get a portfolio/commercial loan for the property.

FHA is not just for first time home buyers, but many states have programs that help first time home buyers fund even the 3.5% down after they've taken a home buyer course and followed some other guidelines, so worth a look into special programs if you're considering FHA as a first time home buyer.

It's usually difficult to get another type of loan program that will provide them with money to buy and fix the property.

Any low down loan program will require some form of mortgage insurance guaranteed.

More importantly, I'd identify the best of the best doing what you want to do then reach out to them and see if they have a mentor program.

Fannie, Freddie, and HUD have great non-recourse financing available but it's mostly over 5MM and it's certainly not a no doc program.

Many national programs are done that way and can be really expensive ($50k is not uncommon) so it really doesn't matter if the student succeeds or not, the mentor got paid upfront.With a deal sharing situation, if the student succeeds, the mentor makes more money.

So could things like the PRO Membership here to help locate properties, evaluate properties, etc.... or other software for book keeping etc... be funded through my SDIRA?

"Originally posted by Chris Adams: Just remember that a Guru's job is to teach you just enough to get you to buy the next step in his program.