It can be anything from the guy down the street using his 401(k) to lend or it can be a well established business that has a lot of funds to deal with.

With a smaller sign below "This room is an art display.

Recently i met up with Jonathan K. and it made my whole month.

@Joshua Piche with little experience, it's better that you invest locally vs OOS - unless you want to invest a LOT of time learning another market and networking with th right people.Locally, look for a 2-4 unit property that will qualify for FHA 203(k) financing. - This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Quote from @Kristi K.: Quote from @Edward Toomey V:I’ve had rental properties for over 22 years.

@Michael K Gallagher:Thanks for your thoughts!!

When thinking about using a 401(k) loan for real estate, view it not just as an access point for funds, but as a strategic part of your overall financial plan.

I want guests to do their laundry throughout the stay and keep up with the dishes and trash :-).I also fill my K-cup dispensers between guests.

I've worked for Superstar Car Wash, Circle K, and The Carioca Company. 

Roth IRA contributions can be withdrawn tax-free, but earnings may be subject to income tax and penalties unless the account has been held for five years and you're 59½ or older.Instead, consider rolling over your IRA into a solo 401(k) if you're self-employed, allowing you to borrow up to $50,000 or 50% of the account balance, whichever is lower.