At worst, it's a minor stretch, if at all.

I share my story to let those who may be coming down the home stretch towards traditional retirement that there are options regarding tapping 401k at 55 to enter real estate but not without costs. 

I agree with Caleb - take a look at the mid-west markets; you can make your CA dollars stretch a lot further due to property costs (and taxes) being much more affordable for most REI models.

But if you’re stuck and working alone, if your resources are stretched, or if you simply have confidence in your hands, the scraping I'm talking about is often very significantly cheaper and less time-consuming than the alternatives.

It's a stretch, but I'm hoping a bank/lender will consider my rental history and the property's potential to bring in income.

I'm currently on a 20 year fixed and wouldn't mind stretching it out to 30 to keep my mortgage relatively similar.

There are wires that stretch between each building for Duke Energy, Comcast, security cameras, etc.Last month a Rent-A-Center truck took out a bunch of my lines - I have the whole thing on video:https://youtu.be/BafD7fb5E-Mhttps://youtu.be/C0p-5q7MMiMTheir insurance company is refusing to pay the claim because they say my wires are not high enough and do not comply to NESC Guidelines.Does anybody know what NESC is, and as an apartment building owner is there some expectation of compliance?

Investing out of state is a great opportunity to get your dollars to stretch further.

Also, to place a goal of 10 units for your first year may make you stretch to hit those goals when you first purchases should be well thought out and carefully done so you don't set a flimsy base for what you want to achieve long-term.You can look up several posts about who people use for the DM mailers, but it's all about consistency, volume, and call back rate.

All new loans I am wanting to stretch out as long as possible so I can maximize my returns.I guess my question is, is it possible to get a 30 yr mortgage on buildings that are owned by my LLC with rates in the low 3%’s?