You can be one, two or all three persons in this deal.

First, you open a new "inherited" IRA  account at the new self-directed custodian, and then do a "custodian to custodian" transfer of some or all of the liquid funds from your existing inherited IRA to the new, self directed, inherited IRA. 

I'm wondering if any investors who started out as DIY'ers on their first properties (or all) pursued a builders license, did the work off the record or perhaps have any insight into the thought altogether? 

Anyone have any experience with Richard Neely Real Estate or All-Ways Agency? 

I am running into walls with some of the finance requirements having to have been a business for two years, putting up personal assets and/or all banks or lenders I have spoken to for business loans are not doing anything for real estate at the moment.

If you can find a property, say a duplex for example, in which the current market rent for the other unit covers most or all of your total monthly cost, and you can secure long term financing for it, it would be a win in my opinion.

The two year rule is that you must own AND occupy the property as your primary residence at least two of the five years prior to sale to exclude some or all of your capital gains from taxes.  

Another thing to keep in mind is that the BRRR strategy works best when a property is bought with low leverage or all cash.What’s your property buying criteria?

You can use a note and sell part or all of the obligation for cash to you, but you'll need to provide guarantees on the note, selling a first position and keeping yourself in second and when you do something like that you usually don't get much cash out in relation to the sale price, but that depends on where you are in the property..Another way is to sell it to an investor and put them in there with that investor, but you'llneed to make room for the investor to profit.

The backstory or all this other nonsense that people talk about.