(B) No partnership, association, limited liability company, limited liability partnership, or corporation holding a real estate license shall employ as an officer, director, manager, or principal employee any person previously holding a license as a real estate broker, real estate salesperson, foreign real estate dealer, or foreign real estate salesperson, whose license has been placed in inactive or resigned status, or is suspended, or revoked and who has not thereafter reactivated the license or received a new license.Amended by 129th General AssemblyFile No.127,HB 487, §101.01, eff. 9/9/2012.Amended by 129th General AssemblyFile No.28,HB 153, §101.01, eff. 9/29/2011.Effective Date: 04-05-2002; 2008 HB562 09-22-2008

anything you pay above the monthly mortgage payment goes directly towards reducing your principal balance (the amount left on the mortgage).Even if you have cruddy credit, you can apply for a mortgage, you'll just get a high interest rate. 

See the following link which explains the 401k loan rules.http://www.irs.gov/Retirement-Plans/Retirement-Pla...Also, here is some more information.The Solo 401k loan term is 5 years for general loans.The Solo 401k loan term can be more than 5 years not to exceed 15 years if used to purchase principal residence for you as trustee/participant of the Solo 401k.Solo 401k loan payments are made either monthly or quarterlyThe interest rate for the solo 401k loan is either: A certificate deposit rate plus 2 percent or theprime rate plus 1 percent. 

@Vlad-Stefan MarcuYour home will more-than-likely be considered your principal place of residence which will qualify you for the Section 121 exclusion of $250k ($500k if MFJ). 

The main principal is that you acquire them and hold them.  

Trust deed investors have also enjoyed appreciation of the real estate assets used as collateral for these loans, with prices on the rise since 2009.What other assets/investments can you think of that provide a monthly interest payment and the return of your principal in 12 to 24 months?

Nothing comes remotely close to investing in real estate if you are able to buy it right, use leverage, and account for all the ways real estate makes you money:1) Equity capture (on purchase2) Rental income3) Principal paydown4) Appreciation5) Tax benefitsYou've found the right place to learn what you'll need.

However, caution here: you need to ensure that it cashflow supports  principal+interest+taxes (+PM if not self managing) for the morgage and the loan repayments..good luck

But I sit here thinking that we will have whatever of our principal that we have paid down back in our pocket.

Financials need to show sufficient cash flow, paying obligations in priority, financing, taxes, insurance, investor's principal contribution, operational expenses then allowances for maintenance and vacancy.