Regarding the financing that's how it's being set up, I just worded it poorly.

You can, however, have another unrelated individual with a SDIRA lend to your LLC from their SDIRA.

Ive read the UBG several times, the guide to screening tenets, bought and read a copy of Rich Dad, Poor Dad, and pretty much anything else I can get my hands on.My plan is to follow a buy and hold strategy, and possibly throw a flip or two into the mix.

Keep moving forward.My small rant being said the vast majority of people here I believe are good, hard working individuals with a similar mindset to myself and I'm grateful everyday I get to work with them.  

But while I was there, I met an individual who brought the property to my attention.

Hi Jeff,In the scenario you laid out above, could someone start an LLC to obtain the HML but then be a rent-paying tenant as an individual in the property, essentially paying rent to your LLC or does that violate the Dodd-Frank regulation?

We are looking for like minded individuals to help us on our journey!  

I have thought of using HELOC also, but bought the house as a flip before I found BP and would like to sell and get the equity out because I put all the money I had saved into the project before I knew better and the house is in a small town with poor rental market.

I've already read the UBG, listened to a few podcasts, digested several blog articles, and am almost halfway done with Rich Dad, Poor Dad.

All in all, I have a few questions for the poor souls that have taken the time to read this long drawn out message.1.