A self-directed 401k is no different from an IRA account at a brokerage in this respect - you just have the flexibility to diversify your retirement savings into a different type of asset beyond the confines of Wall St.So yes, your CPA is absolutely right, and yes, there are all kinds of folks here on BP and otherwise that are putting their 401k into real estate - it just has to be done the right way.I like to phrase it this way:  "It is not you investing in real estate and having access to your retirement funds to do so.  

From the NC Bar: "The phrase “practice law” as used in this Chapter is defined to be performing any legal service for any other person, firm or corporation, with or without compensation, specifically including ... assisting by advice, counsel, or otherwise in any legal work; and to advise or give opinion upon the legal rights of any person, firm or corporation..."

The heading at the top states "THE FOLLOWING STATEMENTS OF THE OWNER ARE BASED ON OWNER'S ACTUAL KNOWLEDGE"  and all questions are phrased as "Do  you know of...".I would think all questions would need to be answered.  

Let me phrase it differently...Hang in there. 

- I believe, 26 or 27 and I can't answer the 'financial independence' phrase question.

I'm guessing by the way you phrased your question that you don't have the actual money to buy the property.

I know what you mean about half human - Buddy understands words and phrases that astonish visitors to our house.

Those phrases and words you suggest are also going to tell lenders you're an investor.

Perhaps that phrase is throwing them off.

Memorize very short phrases, that's fine but mix it up with personal comments so it sounds as if you are discussing the subject and not reading a sales pitch.