For FHA and VA loans you will need bankruptcy court approval if you are Chapter 13 since you still have outstanding debts.

Thanks for providing the feedback, I'll be reaching out to you directly to try to smooth over the outstanding issues you're having. 

In 2018 I want to save a good amount of capital with an outstanding year as an agent, as well as doing 4-6 flips.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).

But on any turnkey property, I would hire an inspector before buying and make sure there weren't any outstanding liens for permits that weren't pulled.

I closed on a home a few weeks ago for which the town inspector gave a list of items I needed to fix within the house and some outstanding permit.  

You're paying top dollar.Turnkey in my mine requires:a rental in good condition, no or minimal repairs at coewith existing tenantsall renters currentno outstanding liensFLOWING CASHFor an out-of-state owner, you then need a PM company to run it and if there's still cash flow and/or a cash/cash rate you're happy with - - you've got a gold mine.You can vet all of this in your research or at least in escrow with proper contingencies:The flowing cash comes from the NOI and that allows your offer to discover the other facts.

Hi Immanuel, If you're still looking, I personally know someone who is savvy with taxes and creates an outstanding relationship with his clients.

Looking for attorney and tax advisor to help develop plan to address and resolve any outstanding tax debts.

That and the outstanding tech sealed the deal for me.