In the meantime, I’m hoping to assemble a checklist that runs you through the whole process from analyzing the property financials all the way through the first rent check. 

Usually this feature of the 401k would be utilized when you have some personal short term financial need and can pay the loan off within few years.

If there is anytime to pursue such a strategy, I think it's now (with the exception of the financial caveats that I mentioned above).Originally posted by @Thomas S.

Experienced real estate agents and investors in an area know of the things that can impact the usability of a comp that less experienced people will often miss - (e.g. if there is a "historic" district within a 1 mile radius which would make using a comp from that area less useful even though it is within a mile) Having someone who does not have a financial interest in whether or not a deal gets funded review the property is a way to help pull emotion out of a deal.Also, we don't send evaluators out to review a deal (thus having the borrower incur an evaluation fee) without reviewing the deal with them before.

For the benefit of BP users, the key is finding an experienced broker of real estate securities that can advise you on different options after learning your financial objectives. 

I have been a active Real Estate Agent in the Jacksonville, FL area for the past 2 years, i'm also a veteran that served in the U.S Navy for ten years. i am a young motivated and hungry individual who wants to learn as much as possible about Real Estate Investing. i'm eared to get involved with investing in real estate to obtain financial freedom so that i'm able to provide my family and myself a joyful and fulfilled life.so till next time everyone thanks, have a great day and happy investing.R/Kenneth

All of your investment activity should support your personal, financial and lifestyle goals.

I just hope it works out to our benefit financially!

Congrats on your decision to create financial freedom for you and your family.Start with determining a marketing budget, then a set of goals and reverse engineer from there.

For the Average buyer this would have been disaster.. we simply built a new construction on it and did OK.. but this full blown rehab can be a real challenge for many .. its one thing to replace kitchen baths paint carpet roof.but when it comes to structural or these really old houses you get from Charleston north into New England.. etc its far more complicated and risky.