I have a self-directed 401K (solo 401k), and purchasing real estate for buy and hold.However, I would like to grow it by taking after tax dollars (W2) and issuing myself a promissory note of 50K but instead of doing “minimum” payments of prime + 1%, could I artificially increase it to say prime + 5%?

Me along with a partner have put ourselves out there to get started with what we initially thought was just wholesaling including marketing via signs and direct mailers focused on pre foreclosures.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP, Nat & Jocelyn here, we have been analyzing deals in our area for the last 2 months, looking mainly at multifamilies.

@Jacke DraperRegardless of your age, you may not transact with your plan in any direct or indirect fashion. 

Any help pointing me in the right direction would be appreciated!

We spoke to the previous mgmt company and they directed us to the company that installed the new unit. 

If you want, just PM me and I can probably point you in the right direction.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first BRRRR deal.

Reminder that a 10-percent tariff on imported Chinese goods will be implemented on September 24th, 2018. Take this into consideration when pricing upcoming Real Estate projects. I have already got notifications from v...

Hello,I recently found BP and have been devouring everything I can from forums to podcasts.  What am amazing resource.  My wife and I recently (February of 2018)  purchased our first rental, a 3 bedroom condo we paid ...