Updated almost 9 years ago on . Most recent reply
Buying foreclosure house at county auction using solo 401k funds
Hi, I'm thinking of using solo 401k funds to purchase a foreclosure property at a county courthouse auction. One of the rules is:
"100% of funds due at time of sale in Cashier's checks made payable to the bidder as a natural person (Not as a Legal Entity)"
Will I be able to use solo 401k checks to purchase if I wanted to?
I'm not sure about this since I assume I will be potentially giving them checks in the name of my solo 401k's trust. Is there a way around this?