If you're going to do DMM you either have to hunt and source your own leads or stand out amidst the competition.For instance, I've also seen investors who target struggling homeowners and offer JV deals directly with the owners.

The reason that this doesnt work for wholesalers is because these people are typically not motivated sellers, these properties usually dont need an extensive amount of work, the seller more than likely wants close to market price (or more) for their properties.

I have filed for extension for taxes for 2018.

Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.2) Regarding taking a distribution from a 401k plan and then paying back within 60 days: the issue here is that there is a 20% withholding requirement so if you distribute $10,000 you will receive $8,000 (since 20% is withheld) but you will need to deposit $10,000 within 60 days so you are effectively providing Uncle Sam with an interest-free loan equal to $2000 since you won't be able to recoup those funds until you file your taxes.

do you mean the standard PEX allowed on non-potable (which is very, very few pipes)...or some more extensive code changes?

Don't always agree and yes sometimes it makes me want to run the other way but a lot of times they were at least trying to be fair.For instance, the classic waterfall of hit X IRR and the split goes to a different number is done so I get to hit a certain number before they get a bigger share of the profits.

For instance, in my neighborhood of Riverside, IL there are almost no identical houses.

For example say your appraisal is 190 instead of 200, then your maximum refinance would be 190x0.75=142.5k. since you are into the project for 150k, in this instance you will leave 7.5k invested.Next I would challenge you to take the example of 7.5k invested in the property and learn about NOI, cash on cash ROI, etc if you haven't learned them already.

I invest locally, so I buy the lists and do extensive analysis.

Didn’t know about bigger pockets at the time and probably should’ve done more extensive research.