If your credit is pulled for any reason, you will have to complete a letter of explanation and possibly provide more documents to show that no new debt was incurred.

I know nothing about an LLC in fact only recently learned what the letters stand for.  

WOW - Sorry I have no advice except maybe a cease and desist letter from an attorney? 

The principal sum, plus all accrued interest, as defined above, shall be paid to the Holder upon as set forth herein.Payment & Due Date: The Maker shall not be obligated to make any payments ofprinciple during the term of this loan until January 4, 2024 ('Due Date"), at which time the entire principal balance, plus all accrued and unpaid interest, and other charges, if any, shall be immediately due and payable in a lump sum balloon payment to Holder.Collateral: This Promissory Note shall be secured by a mortgage lien against thefollowing real property: Address listed; (the "Property"), executed by Maker for the benefit of Holder.Assignment: This note is NOT assignable by Maker without the written consentof the Holder, which shall not be unreasonably withheld.Default: The occurrence of any of the following shall constitute an "Event ofDefault':Failure to make any payment due hereunder;Nonpayment of principal upon the Due Date;The breach or failure to perform any of the terms, provisions, conditions,promises or agreements in the Note, that is not cured within five (5) days ofthe date of written notice from Holder;Any representation or warranty made or deemed made by or on behalf ofMaker to Holder under or in connection with this Note shall be materiallyfalse on the date as of which made;

Micromarketing - build smaller lists and write personal, targeted letters or postcards.

If you’re using a hard money loan, ask your lender for a pre-approval letter to include as well.

Purchase price: $280,000 Cash invested: $7,000 Light rehab, rent, and 30 month balloon to refinance.

Your contract also wants to require an Estoppel Letter from all tenants.

I may be wrong and my CFP's may be right but I am thinking...Is it better to (1) leave the money in 401k and let it keep ballooning and invest in RE with pre-tax money? 

This allowed me to get the first right of refusal on the other property which I'm currently working on an owner finance deal that would be based on a 20 year loan, balloon in 3 years with no interest.