Through that company I have an unused line of credit of $100,000.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

I have multi family 5 story 65 unit building with commons spaces. 1 bed and 2 bed rooms mix.

So, to my question I reached out to our credit union because we have a business line of credit with them .

In the past I have always lined up Investors with a local lender, but this lender doesn’t do 12 plex financing.

I am looking for a recommendation for a company that does unsecured personal lines of credit to speed up my  growth rate in my flipping business.

I am thinking if these were owner occ though ( I mainly deal with non owner) and the new rules it could be tougher .so I would plan on paying them off.. and if they have not filed a default then you just learn the time lines in that state and you know worse case scenario when you need to pay them off.

The properties were actually flipped by the seller so i am buying the houses move in ready and have renters lined up.

The way I made the numbers work is something you might consider a "lopsided" house hack where my space is a very modest 1 bed apartment/mother-in-law while the rental portion of the house is a 3/2. 

He tried to send me an example amortization which was just. . .wrong. . .like that's not how math works wrong, lol.Bottom line: If you receive an email from Steven Wilson from UNITED LOAN MANAGEMENT COMPANY, it is SPAM and do not even respond to him.