@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

They've gone as far as writing algorithms that pull data points like crime rates, age, median income, number of coffee shops and hundreds of others to create heat maps of where to buy.  

What building in Waikiki Did you buy in?

Quote from @Nicholas Goerss: Hello all,I am getting ready to start looking at lender for my second conventional mortgage to buy my second property.

They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve. 

Louis and looking at buying a property in Springfield, IL.

My track record makes buying SUbject viable for me.  

They may want you to put some kind of disclosure in the offer about buying under market value for the intent of making massive profits or something like that.You'll also want to know what kind of split your broker expects from you if any. 

As a Ny'er I wanted the ability to buy off market, cash, close quickly, renovate and rent. 

BP hivemind - If I buy a house in a good school district, say Brookwood, and house hack.