We understand the basic idea of looking at the comps to determine rent vs rehab/renovation costs vs equity over time but aren't 100% sure the best way to go about this.

I can understand feeling frustrated after months of searching.

I have enjoyed various podcasts and books from BiggerPockets and I'm eager to learn from those already in the trenches!

Here are some factors to help you make an informed decision:SDIRA vs. e-QRP:SDIRA (Self-Directed Individual Retirement Account):Allows for a broader range of investment options, including real estate.Provides more control over investment decisions.Requires custodial services, and there may be fees associated with the SDIRA provider.Strict rules and regulations to ensure compliance with IRS guidelines.e-QRP (Enhanced Qualified Retirement Plan):Similar to a 401(k) but with enhanced features for greater flexibility.Generally, more streamlined than SDIRA with fewer administrative requirements.Allows for real estate investments, business investments, and more.May offer more control and fewer restrictions compared to SDIRA.Financing Considerations:Both SDIRA and e-QRP can be used for financing, but the terms and conditions may differ.Check with your chosen custodian or plan administrator to understand the borrowing rules and any potential penalties.Tax Implications:Understand the tax implications of using retirement funds for real estate investments.Consult with a tax professional to ensure compliance and to minimize any adverse tax consequences.Market Conditions:Consider the current real estate market conditions in the location where you plan to buy the beach house.Evaluate potential risks and rewards, especially in the context of your investment horizon.Long-Term Strategy:Since you're planning to work for another five years and potentially sell the house later, ensure that your investment aligns with your long-term financial goals.Interest Rates and Economic Conditions:Monitor interest rates and economic conditions, as they can impact the timing and profitability of your real estate investment.Professional Advice:Consult with financial advisors, tax professionals, and legal experts to get personalized advice based on your specific financial situation and goals.Due Diligence:Perform thorough due diligence on the property, renovation costs, potential rental income, and local market trends.Remember that real estate investments, especially with retirement funds, require careful planning and adherence to regulations.

Hi everyone, I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income.

@Allan C. fyi:  it’s pro rated, but my understanding is “loop hole” was closed so that it has to have been your primary residence FIRSt to able to move back in and claim sec121 exclusion

I'm trying to get a better understanding of my lending options on buying a flip in my personal name vs under an LLC that I have full ownership of.

FSBO's and Expired's can be deflating at times to say the least but I understand it's part of the grind. 

The low barrier to entry coupled with the cash on cash returns brings investors that can't break into NYC investing to Buffalo.The main concepts to understand are location risk and asset risk if you are buying outside of areas you know and understand. 

I understand why it's nearly impossible to find a lender for that particular situation.Are there any private lenders in BP that offer bailout loans for a primary residence?