If you can buy with 20 percent an hour away, as you said, that seems like the best option if the finances and numbers work for you.

Hi hive,I am new to investing and trying to learn from the different options out there.

So just weighing options when I do purchase in a month or so. 

I don't know where to invest, really drawn to Columbus for many reasons (some cash flow and stable appreciation)--what's been some people's positive and negative experiences in Columbus? 

Quote from @Anthony Maffei: I purchased a two-family property in 2017 and now have around $500K in positive equity.

Here’s the bottom line; unless the deal is VERY large, or the sponsor is going to syndicate a large number of deals, the investor will make more money purchasing the property theirselves with a option low to moderate interest rate loan.  

But you have a few different options.

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.

I'm open to helping you explore your options.

To clarify, I want help on figuring out how to pencil a deal that has positive cash flow.