If you are under age 59 1/2 at the time of distribution a 10% penalty will apply in addition.You can borrow the lesser of $50K or 50% of your Solo 401k value for up to 5 years.

well assuming it meets the QM rules for owner occ.. etc.the scenario you presented is not a very attractive note unless the discount was HUGEPV is what investor look at.... what rate of return they want and in notes its usually 8 to 12% APR but with 100% leverage most investors will only pay on face value about 60 to 70% LTV ... so right off the top you would be taking a substantial hair cut.No secret what your trying to do.. but I surmise you will very quickly realize its not realistic .. the discount would be such that it makes it a no go.If your thinking someone will lock up their money for 10 years at 5% well thats not going to happen especially at 100% LTV... 

This can include past taxes, bank statements, credit reports etc.Stay away from anyone who says they can finance anyone from 5k-50 mil for 4% as well as anyone who asks for upfront fees.  

I also pay for heated water for all 4 units and that gas bill is around $50/m.

If we use the 50% rule, that makes cash flow 7800 per year and that makes cash-on-cash 8.76%.  

He said he sees the same thing happening in other markets around Florida (particularly South Florida) where foreclosure properties are going 40-50% over retail. 

@Himanshu JainIt all depends on how aggressive the board is with rentals and it sounds like this Association sticks to the rules. 

Keep stockpiling cash and dropping your expenses down to 50% or less of your income so that you have a huge chunk to throw at your property when the time comes to pulling the trigger.Brian

And that will make 50 doors closed and pending for the year.I find a lot of small infill projects 1-12 doors for local builder/developers inside the City limits of Tampa.

My loan terms:  50% LTV, 5.5% 10/1 ARM 25 years  Could have gone with 5/1, but who knew I'd be selling in less than 3 years. :) Options (in 2017)Term: 20 years on Fixed rate loan and 25 years on Adjustable rate loans Rate: 4.25% on 3/1 ARM, 4.875% on 5/1 ARM, 5.5% on 10/1 ARM, or 6.25% Fixed Fee: 1% origination fee plus $300 processing and $300 underwriting fee