Quick update: we decided not to move into the bigger house in the burbs (it didn’t appraise and the seller wouldn’t come down) and are happily still living below our means.The Financial freedom that comes with living modestly is so sweet it will take a very special house to get us to move at this point.ALSO, similar townhome/same community as ours just sold for $30k MORE than what we had ours under contract for a month ago, so I feel like the low new house appraisal causing our deal to fall through was a blessing in disguise.

The cumulative effects of paying tax on your profits every year is underestimated by most — we're talking tens if not hundreds of thousands of dollars for even a modest investor over 30 years or so — and being able to defer those taxes for decades so as to reinvest all profits will be a boon to your net worth and financial position.Also, be wary of "flipping," per se, in your Solo 401(k) as you could come under the purview of the UBTI rules, with the result that you would have to pay tax, and the whole point of investing through a 401(k) is to defer tax. 

I doubt the seller has underlying financing because of the low dollar amount of the transaction, but if he does, a wrap note/deed of trust is possible.CFD is disfavored for a couple of reasons, but can work here *because* you are not a consumer - bought for personal use. 

Ming’s too modest and Philip is right - the Meetup is terrific and I try to go every month :) They bring in a lot of guest speakers and last month with a mortgage expert speaking about the financing changes.I think the next one is about design and construction management - right up your alley!

In high demand markets modest rate increases won’t effect prices as much as they will in softer markets. 

They are far more time-consuming than necessary.I take pictures and/or video.

.- it really isn’t that time consuming or expensive. 

They spend money to get qualified leads (such as you) so the site is free for consumers.

We are from NYC, and have a modest amount of money to start with - so we’re looking to learn to swim in the shallow end with property values that are more our speed.

We understand how time consuming it is to deal with investor relationships and value your time.