The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

Am thinking - How about the GP and mgmt were supposed to disclose performance every quarter to Investors and if they have not done that, can it be basis to sue and put a lien on Prop.  

I could even make the basement into my own living quarters and be sort of closed off from the rest of the house.Tato: Thanks so much!

No one wants to transport (we do air transports) a COVID patient, since there'll be three of us in closed quarters with the pt.

This site attracted us as it is in an Opportunity Zone, qualifies for PACE financing, and has lots of development occurring within a quarter mile.

Each Land trust/LLC has a management contract with a property management C Corp.A WY holding LLC is the single member of all property LLC.All rents, utilities and property taxes are collected and paid by the management Corp. what is left over minus a management fee is remitted quarterly to each property LLC that in turn distribute some back to the WY holding to be either reinvested or distributed back to me.

I highly suggest reading your emails when you get the updates and making sure your ACH transfer is hitting your bank account monthly or quarterly, whatever it is scheduled for.

Think about the person you are offering to - they want to get the most amount for the bank - they also want REO off their books by the end of the quarter (when public banks have to publicize financial statements to investors). 

I called someone in to fix it and they informed me there was a quarter in the old one.  

Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).