My fee will be less than the 120% restriction. or would I have too double close, still staying under that 120% restriction?

It screams personal benefit.Also, if all of the profits made have to stay within the 401k plan, I don't see how I would earn enough capital to buy back the shares.

If you have an existing LLC the loan is made to the LLC without putting them on title as that puts them in a purchase of your business interest and any lien on the property makes it a mortgage, IMO you want to stay away from both.I have suggested in the past that LLCs be set up initially to allow a special category of members who do not have management or voting rights.

Amber Butler, just stay focused on the end goal and you will get there quicker.

Syndicators generally try to stay below the REIT radar and work on projects too small for the big and too big for the small.

Tenant has two young children, they have found a place to stay tonight.

Does he have AUDITED returnsIf this is intended to be a stealth ad for this, I would tell every other person here to stay far away from this.And even a good 10 year record means almost nothing.

If you think you want to stay in the deal or make a new offer, you need someone local to help you figure out the right asking price, DOM and anything else needed to get a retail buyer.

I just stay out of the landlord business?

"Disclosed Operating expenses:"RUN your own numbers.400 rent X 4 = 1,600 monthly X 12 = 19,20019,200 gross income divided by half.10% vacancy30% operating and expense10% managementYou have then 9,600 a year.At a 10 CAP you have 96,000 purchase price.1 beds have a lot more turnover than 2 beds do.The people get a boyfriend or girlfriend,get pregnant,family member or mom moves in and they now need a 2 bed.Pay attention to if 400 is at market or below market rent.If it's below market you can keep tenants staying for a long time.If it's high for the area or at market people will move as soon as their income starts falling to a cheaper alternative which creates more turnover.For each turnover you will have lost rent and re-condition costs.The 96,000 purchase price does not include immediate fixes.Example the roof needs redone,mechanicals only have 1 or 2 years left before having to replace etc.