Truly self-directed Solo 401k is an excellent investment vehicle which can be used to build wealth quickly, but understanding and following the rules is a crucial component to be successful with it.

As to amount in the bank we probably have $25k between us plus the "gift down payment" to handle immediate renovations and the down payment.I am also listing my vehicle on Turo for some extra cash flow to help and we are looking at renting out one of the rooms in the 2/1 where we are for AirBnB to help and sleeping in each other's rooms when there's a guest.

I would make sure to disclose the situation to the agent precisely, so that I was sure my properties were insured.

My view is hard money lenders are great resources to have in your back pocket to help scale your real estate business when you get into that position that you want to take on more deals but either your private network is tapped out or you want to move your personal money into another long term investment vehicle.

Can I buy a vehicle in full amount?

Your only option is to leverage property to the max and reinvest in other income vehicles. real estate, REITs, income fund etc.No point in investing if you have dead equity not earning it's keep turning real estate into a liability.

Hello,Does anyone have experience purchasing land acres and putting manufactured homes on the property as an investment vehicle?

Since I found BP about 7 months ago, I have become a fervent listener of its podcasts, addict to read the forum, and also I have assisted to several local REI meetings, to be precise, the Diversified Real Estate Group (DIG), but NOT ACTION!.

You can't just destroy somebody else's vehicles unless they sign the titles over or follow local law on the process -- which is never quick and easy.

All went well for the first couple cars but i bought one vehicle that i put alot of money into and ended up selling for a huge loss.