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Foreclosures

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Tony C.
  • Investor
  • Atlanta, GA
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Buying foreclosure house at county auction using solo 401k funds

Tony C.
  • Investor
  • Atlanta, GA
Posted Dec 3 2016, 17:58

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?

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