Going on Monday to view a duplex. Rent is $700 per side/mo. Utilities are said to be 400/mo paid by landlord, taxes 1300, insurance 500. both sides 3 bdrms and one bath. Owner is retiring. Price listed is 40,000. Woul...

Those would all positively or negatively affect my decision in your shoes.

Then you can make a decision to buy or walk away.

@Paul Jamgotch and another major benefit is that you don't need to have a custodian with Solo 401k, you make the investment decision and then simply write the check.

They would have additional information that you could potentially use to make a decision.

This decision has led us to consider taking on real estate investing as a side business.At the moment however we are really just planning our goals and strategies.

Then I am not reliant on someone else for my decision making.

If they do what they say they will do then they recover the money they put down and also learn the trade.

These transactions are sometimes referred to as "parking arrangements" and may also be structured in ways which are outside the safe harbor.Proper Purpose - Both the relinquished property and replacement property must be held for productive use in a trade or business or for investment.

Lenders would not count your commission as an agent until you did the job for 2 years.This is why it's a big decision.