We are married filing jointly with an income close to 150k last year.

To the seller, it implies there is no chance a lender will pull out at the last minute and jeopardize the deal.Realistically, most wholesale deals are negotiated well in advance, so all parties know where the money is coming from. 

I am under the impression that 401K monies has to be moved to an IRA account in order to invest in RE. 

The long-term buy and hold game is my business and has been for the last 16 years. 

all the time, so I try to every now and then share it with others and answer any questions.Location: Metro DetroitPrimary target: Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 8-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-7%+ (has been double digit for last decade)Location: C+, B-   Some Notes:- I don't actually save 15% for vacancy, maint, capex any more.

Last thing you want is to have a new build on a hard money loan and no ability to refinance it

I believe in the power of real estate to generate lasting impact and am eager to navigate this journey with a blend of patience, education, and collaboration.I would greatly appreciate any advice, insights, or experiences you’re willing to share, especially regarding navigating investments both within and outside the Bay Area.

Hi All, I had owned a property on my own name and just sold it last week and transferred the money into 1031 exchange. 

Judging by the many recent posts on this forum, my title should attract a wide audience :)Is April 15th the last day to file my taxes?

That is pretty impressive.