Add in the fact that note investors are tapping into deals six to twelve months ahead of other investors by buying the distressed debt, and you’ll understand why note investors are tapping into great deals.

My agent said she wonders if he was unhappy with the money as he still holds the mortgage of the man who died and this man (they man who died) had some very serious irs debts (3mil) with all his properties.

@Will Hamilton If you buy a condo, then move after 1 year, your debt-to-income might be a problem if you want to purchase something in your new city......

The top end contributions are the same as the SEP, but you can get there on less earned income due to the combination of employer profit sharing and employee contributions.A Solo 401k is also not subject to taxation on debt-financed investments which an IRA is.The structure that provides you checkbook control in the 401k is more direct and therefore generally less expensive than the comparable IRA owned LLC.For the most part, if you qualify for the Solo 401k, it is the best overall solution.

In order to defer all taxes you must purchase at least as much as your net sale (contract price less commissions and costs of closing) and you must use all of the net proceeds (net sales amount less debt pay off) in the next purchase or purchases.  

One may have more money to invest, another may have debt they need to pay.

I've been a buy and hold investor for about 3 years, together we own 4 properties (including my home, which will get rented eventually) and aside from those four mortgages, we are totally debt free.

I also have no debt.

But the key is that it does not affect your Debt-to-income ratio.But I'd say pull it out and start buying properties!!!

You could refinance (no taxes on debt) and use the funds to purchase another rental.