Equal percentage of all profits?

Maybe this is a dumb question, but is it legal to borrow money from my 401k (tax free) with a low interest rate, then use that money to loan out as hard money for a higher percentage?

I have one mentor that says he always files and some small percentage eventually do pay off, and another mentor never files and just gets his property back and fixes it back up and re-rents it and gets on with his life.Good luck!

If DG was low purchase price and rent then repairs can be really high as a percentage.

Keep in mind that an agent only gets paid when you actually buy something, and then their pay is a percentage of what the home sells for. 

I don't like using percentages for taxes and insurance.

When you have high percentage of high income families the public schools have quality students.

In addition what percentages do you use for vacancy, repairs, capex, and mgmt (if applicable) and how to tell those percentages are accurate for the property/area the property is located in?

You go through it and get back to me if you are in agreement with it so i send you my loan application form to fill up and i will start working on the loan approvalJohnWhat is the percentage of the down payment?

For example, ”Section B3-3.2.2, Documentation Requirements for a Business” in the selling guide includes the following:“Borrower’s Proportionate Share of Income or LossThe borrower’s proportionate share of income or loss is based on the borrower’s partnership percentage of Ending Capital in the business as shown on IRS Form 1065, Schedule K-1.The lender can only consider the borrower’s proportionate share of the business income or loss after making the adjustments to the business cash flow analysis discussed below...”