The fact that they don't qualify for conventional funding, has nothing to do with seasoning.

Ok, so we signed that and all of the addendums (only 3 pages to my surprise) and sent everything over to their realtor that they asked for (a new residential real estate contract that included these new changes, proof of funds, etc.,) and we had a deadline of Oct, 13th.

By taking control of their future, IRA funds holders who self-direct can immediately be at work in the multifamily and apartment real estate market and start generating significant wealth in a retirement plan without the concerns and fears of the plunging world credit markets.

Like I said, I have a conference call with some associates who for 1/2 the profit will fund both my money and the end buyers money and make all happen simultaneously?

Pure bunk.If you could do the following:* create a website for TBers to leave their info* get door hangers and flyers and bandit signs up for TBer to be driven to Web Page* get TBers money together, whether it is a loan from Household Finance, or loan from their parents, what ever* convince the Seller that the sales price is a new appraisal, period, at the time the TBer gets financing approved and funding letter is typed up* learn about credit reports and clearing negative marks (Fair Credit Reporting Act, FTC, etc)* have a goal where 10% down payment is arrived to get good rates* have the seller pay closing costs* you as an agent get 3% now, 3% when it closesThe challenge is helping both the seller and TBer get a win win, not easy.i.e.

Also, for those who are aware of purchasing property through your retirement accounts (this could be a seperate blog) what a nice option, to be able to buy a discounted piece of real estate with your IRA and having control of it instead of having your money tied into a mutual fund, which you have little control.With this all said, what is your opinion?

That includes businesses that bought those silly mortgage derivatives; Wall Street firms that were leveraged 30 to 1; Freddie and Fannie; hedge funds; the auto industry and airline industry; AND homeowners who acted foolishly.

I wish to pay either a set interest rate on a type of renewable 1 year bond (Similar to how some insurance companies accept investment) Or 35% net profit on my individual investments from the investment pool (The business is related to buying and turning foreclosure real estate).Any help would be appreciated!

And you got the remaining funds from either the owner or other investors.

I just keep the money in a money market account at 2% interest then when my funds get to a certain amount I call my PM to see about repairs or if she knows of anyone selling a property, I then I take the rest of the funds to pay down the principle.