@Hament Raju Mahajanif you setup a truly self-directed Solo 401k (which is a Qualified Retirement Plan) - it will be much more flexible and more powerful compared to a SD IRA.

I'm pretty flexible as long as a definite day/time is set.

I need more flexibility and control over my time and schedule.

@Brant RichardsonI believe most people here assumed incorrectly that you are self-employed & are creating your own solo 401k that is truly self directed.Since you are an employee, you won't have as much flexibility with your employer as you would with your own plan.

I do like the idea of it having an open floor plan and the design is pretty flexible.

@William T. is dead on that the most important thing is to make sure you can get it at the right price.If you don't have a buyer lined up that is okay but just be solid on the comps and make sure you cap your offer where you should still make a good profit.As far as dealing with the agent probably best to put the offer in through them as they MAY be more flexible if the seller and you are close.

They will not have as much flexibility as a broker/dealer and will not have the same onerous regulatory requirements.

For what you're trying to do, the flexibility of a commercial lender and the ability to cash out as much or more than what you've put in far outweighs the downside of a 5 year note instead of a 30 year note.

With rehabbing in winter, particularly in the winter, you have to be intensive in your planning while at the same time more flexible.

Providing greater flexibility in the beginning is the best way to go.What you get from instantlegalforms.com won't be as good as a well thought out plan, speaking to a generalized attorney will be a toss up as to who you luck out with.