I have someone who has a house they would like to sell but unfortunately they dont have the money to make the fixes needed to get premium for it.

That means that if you find a property that already has the proper permit, it could continue to be operated legally, if the permit is renewed. 

I would love to continue to flip houses but now having two little boys makes the "live-in" part a little difficult.Outside of real estate and taxes, I enjoy spending time with my family, whether at the beach or in the backyard, and sharing new experiences with my 2 sons. 

Thanks for the info, and I would think a prospective seller would likely hesitate to use a listing agent that is unable to list their house on the MLS.I read that some virtual brokerages will allow you to join them without being a Realtor and list properties on MLS through them.

I don't want to buy a house that need major roof work.   

I would like to pull the equity so I can continue building my portfolio.

Luckily my cash offer to buy a house was outbid and I didn’t get the property I made an offer on. lol I have taken five 401k loans up to 50k to buy houses.

Plus the tenants have almost paid off my mortgage and as house prices went up, there is even more equity in the home. 

My first house I flipped and it was a success.

Lower costs to generate more profit or continue to acquire properties.