Curious if anyone here has experience with this.I've been acquiring fully adjudicated civil judgments at a discount where real property collateral has already been identified in the debtor's name.

Fixed debt or floating rate?

While standard DSCR loans usually require some skin in the game, there are ways to structure things using bridge debt or other leverage options if the property is a deep enough discount.

“Work” the note by offering a smaller discount for payoff to the debtor, or by enticing an increase in monthly payments for a decrease in interest rate, which should if structured correctly increase you yield.6.

@Madison ClarkGreat question—and you’re thinking about the right trade-offs.There isn’t a single “right” answer here; it really comes down to what you’re optimizing for: monthly cash flow vs. liquidity/simplicity.A few ways to frame the decision:Option 1: Fix it and re-rentYou’re all-in roughly $7,800 ($6k repairs + $1.8k survey).At $850–$900/mo, you’re looking at ~$10,200–$10,800 gross annually.Even after setting aside reserves, vacancy, and maintenance, that’s a strong return on a relatively small capital outlay.You keep the asset, benefit from long-term rent growth, and avoid triggering a sale.Option 2: Sell as-isNetting ~$55k gives you liquidity and zero headaches.That capital could be redeployed into another deal, pay down debt, or sit in something more passive.The trade-off is giving up a paid-off cash-flowing asset that likely continues to perform better over time than many alternatives.The questions I’d ask myself:Do I want ongoing cash flow or a lump sum right now?

“Work” the note by offering a smaller discount for payoff to the debtor, or by enticing an increase in monthly payments for a decrease in interest rate, which should if structured correctly increase you yield.6.

Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.

If the sale proceeds touch your account, the exchange is usually dead.To fully defer tax: buy equal or greater value, reinvest all net proceeds, and be careful about “boot.”Paid off rental surprise: you may need to add debt or cash on the replacement to avoid taxable boot.Financing can be the bottleneck.

Since it’s tax season, I’ve been seeing more questions pop up around IRAs, self-directed accounts, and leverage — and that usually means one thing is getting overlooked:UBIT (Unrelated Business Income Tax).A lot of investors assume anything done inside an IRA or retirement account is automatically tax-free.That’s not always true.Here’s where people get caught off guard:If you’re investing through a retirement account and using debt, operating an active business, or running certain syndications, you may be generating income that’s subject to UBIT.Common examples I see:Leveraged real estate inside a self-directed IRACertain syndications with debt or operating incomeActive real estate businesses held inside retirement accountsThe surprise usually comes when investors realize:The tax doesn’t show up on their personal return — it shows up inside the retirement account.UBIT isn’t a reason to avoid these strategies altogether, but it is a reason to understand them before investing — especially if you’re allocating retirement funds.During tax season, this is a good time to pause and ask:Do I actually know how my IRA investments are being taxed?

If I buy a 300k house for 250k and the rent is 2k/month it could very well be cash flow positive with 250k in debt or 100% financing.