To make matters a little more complicated, if you are currently self-employed, you are not allowed to declare 100% of your income.

I sent you the spreadsheet, its nothing too complicated.

I suggest: Just bank finance exit, don't get in deep by trying to seller finance to an occupant, many Dodd Frank issues, that are solvable , but why complicate this sale.

Note that FHA and USDA loans have mortgage insurance, but do not have private mortgage insurance, so this isn't applicable to them.It's actually pretty complicated; sufficiently so that I try my best to answer "when can I drop my PMI?"

Every day I'm facing a new issue, a new problem, a new complication to managing notes, and I get a kick out of solving the problems.

It's expensive and complicated and I love helping people actually understand that 200 page policy written in sanskrit that you're supposed to know. 

I wanted to ask a simple yet complicated question about leverage on your properties.

You'd be in 2nd position and that may complicate the primary loan underwriting and create too much risk for youThe Solo 401k can be a partner, either in a TIC or by forming a LLC where the plan and the partners each have fractional ownership. 

However, if you are in the flipping business where properties are considered inventory, the bookkeeping is more complicated and should be reflected in price.How many transaction do you have a month?

When insurance and taxes are due once per year and repairs can happen whenever (ie: expenses are not consistent each month), splitting 'profit' 50/50 is probably complicated to figure out, unless you are paying 50% of all expenses or reconciling who owes who at the end of the year.