Wayne, Joe, thank you for taking time to shed light on that topic.Here are the numbers that play a role so far:LP: $69000My offer: $68000, seller acceptedBank counter: $75000, discovered on auction.com one day priorMy counter: 69500Trustee bid ( I guess this means opening bid) is $57000I was in the property and estimated a $7000 to $8000 upfit.

@Gretchen KnizeThe following compares the solo 401k vs the IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own Retirement funds business startup.The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2015; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

@Ted Chan thanks for the info, I actually discovered this club yesterday and connected with one of the board members.

Joey, as you've discovered, probates are a real pain in the *ss for us in MA.

I am interested in obtaining information about a property posted with your company’s contact information.LPSFS is merely a vendor hired to provide various services for financial institutions across the county.

What I discovered at least here is to use the eviction company on the list instead.

Currently I am a Property Management Officer at a large financial institution that oversees the rehab and renting of about 90-100 properties across the eastern part of NC.I have done a little bit of my own investing.

Eventual rise in rates (likely winter/spring '14) and exit of institutional money seem like the two major variables to account for in near-ish term.

Logically I understand that everybody lies about something or another, but when I catch someone red handed I lose all my trust on him.And without trust I don't think any relationship (professional or personal) can last.Of course before walking away I try to discover the reason why he/she lied, if it is for best of every one involved or they had no other option, I might let it go and give them another chance.

Ann WatkinsIt looks like you are discovering who the right and wrong people to work with.