When you are ready to move, then you can decide what to do with it, but I wouldn't plan on a one-year stay.

For a special outswing patio door, was able to order on a Friday night at Menard's and the door was ready Wednesday.

@Ben StanleyIf you have to use 401k funds for a down payment, then you are not financially ready to buy a house. 

Kevin, I can help steer you into the right path if you can share your credit score and your capital situation.Hard to advise someone without knowing what tools they have to start with, and sometimes getting ready for deal 1 is what is needed to work on.Welcome!

Plus, it’s an option you can always scale back from as you get more comfortable.Exit Strategy Matters: Plan ahead for what you’ll do when you’re ready to move.

Welcome to the community and be ready for a huge amount of information at your finger tips. 

Another solid read is "The Millionaire Real Estate Investor" by Gary Keller, which focuses more specifically on real estate strategies.For podcasts, BiggerPockets is extremely popular and a fantastic resource, especially for beginners.

Thank you everyone @Ashish Acharya @John Bowens   @Gino Barbaro  @Jacqueline WrightWe'll be staying out of our Traditional and Roth IRAs then for this.And we aren't ready for and aren't qualified for a self directed IRA at this time, so we'll not go that route.The loan out of the 401K is interesting. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Options1) I have some cash buyers who are ready to acquire the property under the as-is condition2) Make basic updates to pass U&O, rent it for two years, and refinance it after to take out my investment and profit. 3) Make an update to get the maximum value from the property (Bought at $126K, as-is value $165K, and updated value $265K)The challenge that I am facing is to make the title clean faster without waiting two years so that I can take my investment out and put it into the next foreclosures.