In particular, I want to get started renovating homes outside of the Northampton, MA area, where quaint country homes are a prime market for visiting professors and working professionals.

Hard money is expensive, but most larger flippers have more resources and are not going to pay 15% and points on their money, I assume.Best,JTM

We picked it up for $40,000, renovated it for $21,382 and it has an ARV (After Repair Value) of about $90,000.

If so, have you asked them if rents or a larger down payment could help you get to the 600k price range?

But i like these high end properties, we have a few we are renovating right now over $1M.

(Although I want to work my way up to larger properties other states, right now, I want to be hands-on in order to learn as much as possible, as quickly as possible.)  

I make it work in Philly where you can buy and renovate in B and C neighborhoods for 100K then rent for $1200 to $1400 and then pull out all your cash through the refi.How many units are you working toward?

Residential Lending Hard MoneyNationwide private money lender for home flippers and other real estate investorsBarnett Capital provides lines of credit for acquiring, renovating, and stabilizing single-family, multi-family, and mixed-use investment properties nationwide and in Canada.

The renovation is going well.

I would consider BORROWING the money from your 401(k) IF the amount you could borrow would be enough for the renovations you have planned.