Mortgage questions and refinance questions. Help!!!!

[Brad Swaney]

Found a deal that needs to be closed before I can get financing lined up.   Looking for advice.  I will give yeah my current details.  

Deal:  Purchase price of $45,000. 

Option 1? I am in a position to close quickly where I could use $30,000 home equity and have another $15,000 provided by private lender. Although I would probably need to use cash from Roth IRA to fix the place up. Question is once the place is fixed up how long would I need to wait to refinance and pull my money back out?

Also any other options that would be better? 

Rental Portfolio

House #1 I owe $9,500 on mortgage (conventional loan 15 year) and have a $30,000 home equity loan open on it.   Value $75,000

House #2 I owe $13,000 on mortgage (private loan).   Value $70,000

Condo #1 I owe $15,000 on mortgage (private loan).  Value $30,000

Condo #2 I owe $25,000 on mortgage (5 year fixed rate then variable after that)  Value $38,000

401k don't really want to use as I understand there will be penalty. 

Roth IRA can use cash I have put in without a penalty.

[Brad Swaney]

Purchase price $45,000 

Did $20,000 down and had a lawyer write up a note for $25,000 owed in 90 days to the seller.  Property was transferred to my name.  Going to use money from home equity loan to fix it up.   My banker is going to get me a loan on property within the 90 days to pay back the $25,000 note and getting the original $20,000 back to me.