I own a few rental properties in ATX and Michigan and am in the process of setting up a Solo 401k. I'd like to add new rental properties into an LLC inside the Solo 401k but wondering how financing works in this setup. Have any investors had experience doing this and can share how it works? Is this just typical non-recourse financing? Any advice appreciated.
Correct, you need a non-recourse financing. Here is a list of lenders who can help:
Don’t own real estate long term with a Solo 401k. There is already many advantages to rentals so its redundant to keep them in a Solo401k. If you must do it in a Roth but I think Solo 401ks are better suites for lending or flipping because the nature of the Solo401k allows you to offset the high taxation rate of flipping and lending.