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Updated over 11 years ago,

User Stats

37
Posts
6
Votes
Kenneth Estes
  • Real Estate Investor
  • Chicago, IL
6
Votes |
37
Posts

Becoming a 401 k eligible investment

Kenneth Estes
  • Real Estate Investor
  • Chicago, IL
Posted

Hey folks,

I have an investment group and have a lot of investors with self directed 401ks asking to use it to invest with us.

The easiest thing to do would be to have them take out a 401 k loan and have them pay the 10% penalty (albiet back to themselves). That is not ideal.

Rather, I want to set things up so we are a "legitimate" 401 k investment. I can't seem to find any good web sites on this.

The individuals in question have self directed 401ks. What hoops do I have to jump through?