Currently this house needs cosmetic work and one wall removed to open up the kitchen / living room area.

If you are lending money for a project you open escrow, have a title pulled and record a deed of trust.

I'm open for ideas or suggestions.

@John HagerOur last Fund operated under the Reg D, 506(b) exemption and was open to non-Accredited investors but it closed to investors at the end of 2017.

Then go to the lender and ask how the loan and terms would look on you buying that property (that will open up the conversation) Be very honest with all finances and facts pro forma as they will know if you more forward.

On this project.I would really appreciate if somebody can guide me on some of the issues I am facing.1.Can both of the self-directed IRA and the individual open an LLC.

If you open a title report with a title company, you will see if any of the previous conditions are active.Also, The owner may be military and may be deployed.

If you 1031 into a 2-4 unit property and lock in a 30 year fixed rate loan at today's rates, you can be less concerned with higher interest rates in the future because when the term of the loan is through, you will own the property free and clear.However, going with a commercial loan with a 15 year term will open you up to interest rate risk.

I am non USA citizen and want to know if I open an LLC, can I use my LLC name in the assignment of contract instead of my own name or I still need to use my name?

@Chris Seveney - I use excel but I am open to other softwares @Karen Margrave - I beleive I tried a trial version about a year ago but I am not certain.