Leave 20% equity in, and pull out around 175k to pay the 80k to them and have 96k left over to reinvest?

If you want to make all cash offer for land you could pull equity from those units.

I would venture to say that the benefit is protection; if all else fails, you pull that card to protect yourself. 

There are several places you can pull lists, it just depends on what you're looking to target. 

I am also looking at duplexes and bigger in AZ, NV, and smaller communities north of Los Angeles.With just over 20k saved up and that more than likely not being enough, would you guys recommend pulling from my 401k to cover the remaining costs?

If the evidence to pull out of the stock market wasn't strong before, it sure is now.It turns out that there are a lot of people out there that simply want a place to park their money.

I don't want to pull $50k due to a huge taxation from a beneficiary account.

The shows make it sound soooo easy that any fool with some dough and credit thinks s/he can jump right into a flip, splash on some fresh paint and add shiney drawer pulls and make a fortune.I get bid out by these fools regularly and then watch those properties languish on the market for months at a time.

If the property appraises high enough, you can pull cash out through the refi.

Regardless of the nature of the war, oil prices could double literally overnight.