Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.

@Mark Sullivan if you are a buy and hold investor these loans work great.

Quote from @Guadalupe Batana: Learning about different types of loans is always a smart move, especially as an agent.

It sounds like an incredible resource, for $200 having a fully designed materials and fixtures schedule to pair with a labor only GC or a GC that can work well with a prescriptive materials schedule. https://ivoryhome.co/predesigned-packages/Just curious how other people’s experience has been.

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

Here are some thoughts on your choices:401k Loan: This can be a good option since you're borrowing from yourself, but it comes with repayment risk, especially if you leave your job.

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

I only invest in A and  B areas  that usually makes renting some what easy .Having rentals loaned out to the wazoo can cause a lot of stress on owners to rent out immediately  .If the market softens up winter etc...

I have been a Union carpenter for four years now and enjoy working physical labor.