The advantage of a hard money lender is they can tell you if your numbers are accurate or if you are being realistic about everything. 

Hi @Vlad Bahatyrevich -- Welcome to BiggerPockets.Although I know there have been some shady operators out there, I can only speak for our company.All numbers posted on our website are as accurate as that provided to us by our builders, rehabbers, and public records.

Read this article to understand the qualification criteria for a Solo 401k:https://www.biggerpockets.com/blogs/2810/45144-the...2) Can't comment much on your second point since the information you provided is vague and without the original source you might not be presenting it accurately...

It still has value, but the MLS is still the most current, accurate and complete.What you need is to learn how to use sites like Zillow, Redfin, etc...by comparing the results from these sites with the MLS.  

@Jerry Padilla Now what if after applying I don't qualify for that much but I find a good deal that shows a lot of cash flow, would lenders be more willing to approve me if I show them a spreadsheet that they believe is accurate?

Could be $150K if you get in there and realize that it needs to basically be torn down and you hire a builder to rebuild it.That said, I agree with the others that you're probably looking in the $40-60K range, assuming no major hidden issues...Assuming the process goes: 1. home inspection (to find out all issues) 2. then estimates from a GC or separate contractors to get accurate cost of rehab?

One of my pitch points was my experience as an adjuster (inside property and CAT) and my ability to write an accurate repair scope and keep contractors in line on repair pricing.

The assertion however that 99% do not know and aren't willing to learn is probably more accurate however.  

Suggesting that 'all' that happens when a loan is in default is simply waiting, is not accurate.

Of course, these could be fudged as well, but the expenses will likely be accurate.