@Bernard ChouinardIf you are still working for the company that sponsors the full-time employer 401k plan, you may not be able to transfer that 401k unless one of the following triggering events are met:Reaching retirement age.

The only way for it to be a profit is if I didn't live there.My question is: has anyone ever pulled the trigger on an investment property even though it initially didn't cash flow while living there?

There is a good possibility they will redeem the lien by paying it off, but if they don't keep a close eye on the sale date and consider pulling the trigger.

Once you have your niche, and your advantage, you're off to the races.Also, I would do your research on market cycles and economic history before pulling the trigger on your first transaction.

Lets look at a few options, 1, Major remodel and addition,Generally you can build an addition up to 50% of the existing house size without triggering a full code upgrade on the rest of the house.

I've looked online, but haven't found anything that I'd want to pull the trigger on in that area.

Don't rush, do your research and due diligence, and most importantly, don't be afraid to pull the trigger.

It is always easier to pull the trigger on a deal when you know you have a couple of buyers that would be interested in that property.

But I am too scared to pull the trigger on a rehab property.

I am just going to pull the trigger send out post cards target some motivated sellers directly instead of searching the MLS scouring craigslist for a property that might be a deal.