It differs from other retirement accounts in this way, because you can easily borrow from it for real estate.  

I love my job, and so no rush to stop working anytime soon!

I have access to some capital outside this deal, but anything over about $3k would have to be borrowed through home equity on my own home. 

Really just looking for confirmation that it's possible, as so far every bank I've called has full-stopped me as soon as I said "condo"Thanks,Joel

I know when I borrow money and granted its usually in the millions I have my financial package all ready to go on demand and it includes criminal and all my current licensed Mortgage banker RE broker etc.. just thinks its professional when you have those.. then if a potential investors wants to run their own.. that's fine.. but I won't give out my SS to just anyone it has to be worth it to me.. ( changing hats).So that's maybe a little of subject but the amount of people that I talk to that invested with a known shyster really does boggle me sometimes.

I understand that there are land contracts in Mississippi where if the buyer stops paying that the contract turns into a rental and the seller could reclaim the property without having to go through a costly foreclosure.

I have this house in Cook county that the tenants stopped paying rent in Dec, and they still live there.

Never stop educating yourself.I have gone through the grind of the Real Estate Gurus and learned a lot of theory, reality had no resembles with the theory.So here is my advise.

@Joshua Lafferty If you will co-sign as non-occupied co- borrower and you are not family member you are at 75%ltv even though this is FHA loan.

The reason I have the departing roommate pay the fee even though the other residents are staying is because I will draft up a new lease that does not have the departing roommate's name or info on it, that way if the roommates who are staying stop paying and have to be evicted, the departing tenant has no liability on the lease and will not be connected with an eviction.