If we open a joint LLC that essentially owns the property, is this considered a prohibited transaction because the Solo 401k Trust is an interested party in both the original acquisition and the LLC that will acquire the post-rehab property and subsequent loan?

Also to acquire the specific, in depth knowledge.

I have an opportunity to acquire a property in St.

It might be that it impacts the owner depending on how it was acquired, the HELOC.

Business is business...acquiring capital should be a full time job and goal for a wise, well read business owner.

I recently acquired (not completely by choice) a rental which is next door to an uninhabitable house in a semi-rural area out-of-state.

From my perspective, I think this places more importance on the property you acquire instead of on the rehab costs and the contractor.  

I may reach out with those finance questions.My goals are to to acquire one property a month, and then determine to flip it or hold it.

Hey all,So I be been actively reaching and acquiring as much knowledge as I can. currently I am in the process of builing my team along with a buyers list.

I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping.