I see nothing unbelievable about his numbers.

Indeed, however as mentioned in my other feed was looking for other alternatives in case owner financing didnt work out, Thanks

Private money can be a good alternative when you approach people that you know and do know you.

This would take them to the 83% LTV point.I am looking at this like an alternative to a CD for them.

From multimillion dollar business parks, and shopping centers to several hundred thousand dollar properties multi-family housing.orYou require the existing owner fix the ADA barriers and deficiencies before taking ownership, which is probably the cause of the sale.This is very important in CA "Grandfathering" does not exit"Grandfathering"= "Alternate accessibility" which means you will have to spend more money to provide access 9/10 times.Plans signed by the city, architect, or contractor do not mean you are in compliance or meet the code.

This might be an alternative where you invest in these types of companies and collect dividends on a monthly or quarterly basis.

I started to look for SFRs but kept getting outbid, then went to condos thinking they are less popular but I still keep getting outbid. The prices just don't make sense, so I'm looking for other options.

I'm thinkin...

Sit down with them and do a full estate plan... it will take some time and cost some money to do it right but the alternative can be a disaster for your wife.

This seems to be the best alternative outside of investing on my own - which is not something I want to do without experience.Thanks,Kyle

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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 business.