I've been in the Air Force for the past 10 years and I'm hoping to use this as a means to becoming financially independent by the time I retire in another ten years so that I can focus on what makes me happy rather than what pays the bills.I am currently living in the Richmond, VA area, where I own a home that I will be renting out in another year or so when I leave here.If anyone has any advice, I am all ears and I look forward to participating in these forums!

I'll provide breakfast and a willing participant.

I have listened to many of the podcasts but never participated in the forums.

Unfortunately doing this on the side of an already demanding full time job makes it more difficult to participate in something like wholesaling. 

@Kay KeovongphetFor the profit sharing potion (employer contribution portion) of the plan that following may apply if your employer allows for it: The Employer Contributions being withdrawn have been accumulated in the PSP Plan for at least 2 years.For salary deferrals (employee contributions) Any employee contribution (including any earnings on such amounts) may not be distributed prior to the the Participant’s severance from employment, death, or disability.

I would get the seller to do profit participation based on the new infrastructure that's built.

I generally think it is a bad idea for someone with a license to participate in wholesaling.

I will read through and start participating in discussions but I am hoping to learn a lot from the experienced folks here so that I can jump into this without being in analysis paralysis mode for a very long time.

Could someone who has participated in Jersey City property auctions provide some insight into the process and what it takes to succeed?  

The 401k loan rules allow the participant to borrow from the 401k and those borrowed funds can then be used as collateral.