Updated almost 7 years ago on . Most recent reply

Putting my Solo401k funds to work as a lender
Investment Info:
Single-family residence private money loan investment in Waunakee.
Cash invested: $177,000
Funded flip from my Solo401k. Expect to hit market in January. Rinse and repeat, please.
What made you interested in investing in this type of deal?
I wanted to try out the Solo401k approach as a trial run
How did you find this deal and how did you negotiate it?
The deal found me thanks to one of my connections through our regular BP meetups.
How did you finance this deal?
Solo401k
What was the outcome?
Outcome looks like it will be good and hit the market right around the first couple weeks of January. It's a great house, in a great neighborhood that should sell quickly.