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.

Paid cash and in the process of pulling Equity out How did you add value to the deal?

I am a student in university, fairly new to REI and busy learning about my local market where I plan to invest.I am in the process of saving for loan down payment since I aim to first acquire a rental or more ideally do a house-hack when I am able to qualify for a loan (I have not researched private lending yet - any tips would be welcomed for financing options).I have a semester break coming up in which I hope to go out and get a feel for the Cape Town market - open to anything.

Besides performing your own due diligence, I would reach out to your self-directed IRA custodian for their investment forms as the forms will often list what the IRA custodian will need to process the investment.

I have just started with a single rental house and I want to make sure that as I set up my accounting processes that I am doing what is both corrected and needed.ThanksGreg

@Ryan Delauz File a notice to quit / begin eviction process first.

heylooking to purchase a long term buy and hold rental property, budget is 70-80k cash only (oos investor), was approached by a company who assists in the whole process who recommended the indianapolis market as a growing market, with high yields compared to other places. leaving aside the question should i use this company (or any other for that matter), i am looking into the market, the buy/rent ratio looks good in terms of what i'm looking for and i can see the prices have really gone up in recent years, but when checking out the house prices going forward, it seems like most of the information i find talks about prices staying around where they are, some sources even show negative price changes. what are your takes on the matter?

I happen to ask the bank manager before we started the  process can I do a refinance and heloc.

Or is it a scenario where the process is a little longer and more complex than a conventional mortgage/loan, this factor deters people from using it? 

Whenever I attempt something new I always try take on partners who can help me curb the learning curve and guide me through the process.