I am strongly considering opening a Self Administered, Self Directed i401k so that one of the investment vehicles can be - you guessed it - real estate notes and mortgages.With that said, I don't want to preclude myself from having a brokerage account to hold cash and hopefully earn some money in the stock market when I don't have the money lent in real estate.My question is this:  Do the brokerages (IE: Fidelity, etc), understand this arrangement?  

I wanted to ratchet things up a bit and earn some money using tax liens.I have the benefit of living on the border of NE/IA, hooray two sales!

I LEASED this client's property for him, which he has been earning passive income with his eyes closed for years now......my pleasant surprise now seemed cheap.... and I thought WHY NOT LET THAT BE ME!!!!!!.....

I need some place it can earn some interest while being liquid as well.Thanks in advance, everyone...

What you are doing is similar to buying a property to live in...and renting out a room to reduce your costs to buy.  

The reason you want at least 3 homes is to reduce your risk of a vacant home dipping into your personal funds instead of your investment profits.  

Use the $100K on 4 down payments, but have 4 $75K mortgages that earn a small profit?

@Aaron McGinnis Oh I bet, I can't imagine myself chasing after my earned income.

I pay the debt earn more credit get crafty with how I pay down my debt.  

What I'm considering:Adding Last Market Sale Date prior to 2009 (both)Reducing Tax Assessed Value from $200k max down to $150k max (both)Adding 7 more zip codes (only absentee list)I will still hit 1000 lettersReasoning behind including last market sale date because is that a lot of my calls have been from landlords who bought after the crash, rehabbed, rented and are now looking to see what they can get for the work put in.