Again, in your case, I would suggest you find a Realtor who will take the time to discuss your options and help hold your hand throughout the process.

I really don't understand both the hyping and bad mouthing of the 'rules' that are commonly discussed on BP. 

We had discussed that same idea of removing an appraisal contingency if we had gotten further into it with them.  

You've probably already been going through this site, but there are some great discussions and blogs specific to flipping houses.

We can discuss the terms with a 50/50 or 60/40 or equity partner (I'm just thinking of some possible options).

You can find more people to network with here https://www.biggerpockets.com/meet This local forum would also be a good place to look for team mates https://www.biggerpockets.com/forums/564-massachusetts-real-estate-q-a-discussion-forum

This local forum is also  a good place for finding people to build your team https://www.biggerpockets.com/forums/586-utah-real-estate-q-a-discussion-forum

@Naoemi Contreras-WoodsYou can learn more about prohibited transaction rules by visiting the following IRS link. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactionsAlso, consider opening a solo 401k and transferring the IRA into it.

For those that do have this knowledge, NPNs can still be difficult to create a windfall for yourself, even with a background of getting these properties to perform.I'm an expert on performing notes and not NPNs, so I'll let someone else lead the discussion on the ins-and-outs of that business model.Thanks!

Look forward to discussing the war stories and participating in the BP community.