The small things I learned during the wholesale process will definitely be applied to working for other people.

Fun Fact: Some of them are exempt from the loan originator compensation rule that came out a few years ago, meaning the LO can lawfully get paid more for handing grandma/grandpa a higher interest rate on a one-off basis, just like the F&I guy at a car dealership.

I am not sure if I need to be shooting for a ratio or percentage of the total price of the home that would be a typical rule of thumb or not.

If you violate any rules you will suffer the wrath of the department of real estate.

You want them to read your message each time, getting familiar with your name and how you can help them, so a different mail piece but with a similar message is best.Due to BP rules, I'm not sure I am able to share the 6 month campaign I would recommend, however I would be happy to share if you are interested.

@Andy MirzaThe ERISA plan asset rules may come into play if pension funds are used unless the funds main line of business is the development of real estate (REOC), or the fund is a publicly traded company registered under the Investment Company Act of 1940.To qualify as a REOC the fund must invest at minimum 50% of its assets in qualifying real estate considered managed or being developed.

Just wondering anyone had experience about apply building permit by themselves.

If you have taken those plan documents to Solera and opened a trust account for your Solo 401(k), then you have a functional plan.Of course, the key to operation and usage of a Solo 401(k) is having access to appropriate guidance, so that you understand what you have, how to administer the plan, and what you can and cannot do as far as executing plan investments so as to remain within the IRS rules. 

I’m one of those people who likes to see the rules and regulations in writing.

We wrote up a new rental agreement on our letterhead with our contact information, and our rules.