I may change in the future after receiving the advice and logic from you as an experienced investor. all I know in order for you  to walk you have to start crawling.

@Anthony RussellThere is also a math/tax problem with this logic that most people overlook when they look at the 401k participant loan as cheap and easy money.You put the money into the plan on a tax-deferred basis.You borrow the money from the plan and pay the plan interest in the range of 4-5%.So far, so good.Your payments to the plan are made with after-tax dollars, thus eliminating the initial deferral benefit.  

A logical person might be a commercial real estate broker but it depends on how they feel about wholesalers.Good Luck!

@Mathew Gunkel, I know it's emotionally logical to put your primary up for extra risk as a last resort, rather than first cab off the rank, BUT, that's why the PURPOSE for the loan should be really carefully considered in the first place.In case I came across as someone who knows what they are talking about, I don't actually know the HELOC rules/interest that Lenders have regarding using your primary as security vs your investment.

Zillow and core logic appraisal is 55k and comps are in the same ballpark.

But thinking about it, house prices behave in positive correlation with interest rates when logically you would expect them to move in negative correlation.

Hi Kyle, that seems logical to me but I studied hundreds of sales from 2015 and the great majority of the sales that went to third parties were significantly below the judgement amount while only about 25% were above the judgement amount.

Now, I just described your next trip to <pick a vacation spot>, and I would assume you wouldn't even consider doing this without a plan, so why would you even think about not taking the same logic into your "trip" to REI fortunes?

Your logic makes sense to me that if a lease is done in 30 days, how can it hold someone to a 60 day notice...I'm confused

Is most of my logic correct?