Updated almost 12 years ago on .
How can you structure a Solo 401K with Sub2
I have found a duplex for $89k (asking price). Both 2 BR, 1 Bath units are currently rented for $550.00 per month. Owner pays water/sewer ($50 mo).
The owners are willing to entertain subject to (Sub2) financing. How can I structure a deal using my wifes old employer 401k to make this deal happen? I was unsure about the exit strategy. Most Sub2 are short term loans. She has $23k in the account. It is not a ROTH.
- Clay Smith
LREI Property Management LLC
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