The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

If it's really bad, I hit them with a violation, give them a deadline for fixing the problem, and follow up with an inspection to verify compliance.

An average/bad agent just helps paperwork get pushed through and deadlines get met.I think we can agree that a retail consumer can benefit from working with an above-average buyer's agent, they may reduce their own out-of-pocket costs...heck they may even put money in their pocket by doing so.

My lease (i am currently renting) ends in mid June so that is my hard deadline and motivation for buying a multiunit property to "house hack".  

Made the mistake of paying my contractor large sums around Christmas time even though he hadn't met deadlines because he gave me a sob story about needing money for his kids' Christmas presents, big mistake.

Should they miss the deadline, I charge $35 for the first day late (6th of the month) and $10 for each additional day.

He was money sensitive so I think we could have had more prompt service if he was going to lose money from passing deadlines.

She was snotty when we asked to see another house she was the listing agent on.  3rd may have cost me a deal because she failed to submit my offer to the bank on an REO property by the deadline and she ghosted after that.   

I think I'll give her a deadline and the option of cash for keys.

So you will not have to scramble with a hard deadline, balloon payments... ect at the end of your fix and flip term, as I see many investors do unfortunately.