the only thing I was trying to avoid was any major costs to repair that wont be covered with there security deposit .

An MD at an investment bank will chuckle with the typical elevator pitch done by most real estate "investors" but a private individual with whom one has a pre-existing relationship (and limited real estate knowledge) might be intrigued. 

He's got the money, I've got the time/experience/location.I'll take out the loan (Private or Hard money PML HML) and Alfonso will provide the downpayment.Alfonso wants to use RRSP (aka Registered Retirement Savings Plan) money.

Then when you are secure you could maybe start investing.  

The following may be true depending on the circumstances: From the custodian's perspective, an investment was made into a private placement, providing your IRA with ownership interest in an LLC.

I've been buying off market with private funds/hard money, waiting 6 months, and then doing a refi at appraised value while pulling cash back out.

I am still in the early stages of researching this and doing due diligence  but I was hoping to hear from the BP community if you have any advice and if someone already built a blank structure before without securing a buyer/tenant.

I am still in the early stages of researching this and doing due diligence  but I was hoping to hear from the BP community if you have any advice and if someone already built a blank structure before without securing a buyer/tenant.

I'll send you a private message with more information.

So 1 of my referrals, who is a banker, is looking for a non traditional lender who can financed a borrower with a not-so-great credit scores. So, I'm thinking of being the bank, and the collateral would be the propert...