@Richard Weinberg1) If you have a Solo 401k that supports a 401k participant loan you can simply take a 401k participant loan up to 50% of the balance not to exceed $50,000.2) The notion of loaning funds from your self-directed IRA to someone else (and vice verse) could easily be challenged as a step transaction where the step of loaning to someone else would be ignored and the transaction would be analyzed as a loan from your IRA to yourself which is prohibited.

If you have the need to use this quite often, it’s worth the expense in helping you analyze your deals correctly

You have to source and analyze a lot of properties...just like your dad did to build his portfolio.On a side note, you could get some incremental cash flow from renting the vacation properties while not in use.

I analyzed for about 2 years before making the jump.

Feel free to reach out on anything relating to the market, micro neighborhoods, analyzing deals, REI strategy, etc.. 

I appreciate the  1% rule of thumb for analyzing the BRRRR method. which was my ultimate goal initially.

None of the 50+ properties I've analyzed = PROFITS.  

the house is in great shape and had a complete renovation for the bottom floor recently.What do I need to consider when analyzing this deal?

@Isaac Ruiz, there is no singular place to start but I'd say start by understanding who would buy from you, who is your customer and what exactly is it they seek in a property, equally important is to know how to analyze deals, if its not a good deal, you'd be stuck with a property that no-one wants.

Hi BP community,I am analyzing and collecting info on a small MHP in my area that I am interested in.