Traditional banks have strict guidelines they must follow. 

@Jay Hinrichs definitely a lot of vacations happening....on facebook it looked like half of the agents I know were out of town lol.August does tend to slow a bit traditionally as well while families get kids back to school etc too.Hope all is well Jay.

Traditional IRA is tax-deferred (you pay taxes on distribution). 

This is what it would look like:$40,000 (Taxable account)       $19,049 (Convert Roth IRA to Traditional IRA: this money can't be used in 5 years)I would essentially repeat this over and over again and save tens of thousands of dollars in taxes. 

- yesWill there be a penalty - Maybe, it depends on how long the Roth has been open for and what type of funds are in it (contribution, gains, did you convert from Traditional?)

Turns out I was SUPER lucky to have gotten a traditional refi with them within months of purchase.

Traditional 30 year fixed @ 4.375. 

I thought about it, but ehhh, i wanted to stick to traditional.

The previous liens total about $15K, which she is trying to quitclaim to end owner in order to sell for about $10K - $18K.I've done traditional wholesale assignment deals, but I'm trying to see if there is anything in this deal to continue working with owner.  

They usually don’t cash flow if you have leverage on them and rent them out as traditional rentals.B - Middle class (average people) live in these neighborhoods and they can cash flow a little if there is enough of a down payment and you will probably experience some regular appreciation.C - Lower income, but good hard-working people, live in these homes or neighborhoods.