This means the collateral will be viewed under a microscope by a sophisticated note buyer at a required yield.

You also have to decide if you want a higher priced quality property with a more sophisticated tenant which usually has less cash flow but more appreciation on the back end OR are you willing to handle more low income tenants that need constant care to keep them on track for a higher cash flow return??

Exit #1 REIT Exit #2 sell to existing tenants once lending requirements loosen These are sophisticated investors using highly qualified local operators (deep knowledge of each neighborhood).

Like payroll deduction for taxes, if it's taken out before you receive it, you won't miss it.

One day, I thought "Gee, I bet the computer could do a good job at this".I am presently working on modules to do bank deposits and payroll.

Affiant further certifies that she has read or caused to be read to her the full facts of this affidavit, and understands its contents. 6.Affiant hereby confirms that this loan is being procured for business purposes by a business entity and that she, as the borrower, and/or the representative of the borrower, is a sophisticated investor engaged in the business of real estate investment and has had sufficient time to shop for prices, interest rates and terms for this loan.

You also validate via a questionnaire whether the potential lender is "accredited" vs "sophisticated" another big topic in and of itself.Each state has variations of how many accredited vs sophisticated investors you may borrow from.

Of course, to quickly get $100k into the Solo 401k, it'll require a rollover from other accounts, which could be 401k or IRA accounts.And many employer 401k plans will not require the loan to be repaid at temination of employment, you'll just continue making payments to the plan sponsor as you did before (just not through payroll deduction).

As for the docs to use, it will depend on the sophistication of the seller.

No offense intended, but why are you dealing with an office/retail type who probably has more business experience and can spot such straw man deals, how many wholesale deals have you done in residential working with less sophisticated seller and buyers?