Updated almost 8 years ago on .
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Solo 401k success stories
Hello BP, im currently in the process of rolling over some funds into a solo 401k. I just wanted to hear how some of you guys and gals have been able to maximize your solo k thru realestate investing.. Thanks!
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Ramon Moreno
I have been investing in non performing and performing notes for over a year. The reason I prefer them to private lending is:
1. I am in the first position
2. I have more exit strategies
3. If lending - You run the risk of lack of experience by the borrower and recourse is a home that is typically half finished and will cost considerably more to repair. With notes there is risk they continue to not pay and you have to foreclose which can be a pain but not as painful as having to take over a fix and flip from a borrower
- Chris Seveney
