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9
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Richard Howell
4
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9
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Private mortgage lent from your Solo 401k

Richard Howell
Posted

Doing a private mortgage out of my solo401k for someone's new purchase of their primary residence.  Can I do the mortgage amount higher than the purchase price in order to escrow money for home improvements on the property?  So purchase price $375k, mortgage for $425k to leave $50k for property improvements?

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