Friend of mine is trying to purchase a home on Long Island, New York.

Curious about the things i cant see on airDNA, and more about how any regulations and state/county specific costs have affected yall before i dive into a purchase there?! 

Purchase price: $195,000 Cash invested: $35,000 Single Family home near Lake Texoma.

Strategy is to continue to using the BRRR method, but I am doing it using my VA benefits which allow me to purchase for zero down no PMI.  

Purchase price: $674,000 Cash invested: $134,000 Long term rental purchased in area that is under development and predicted to rise in value over the next 5 years - 2br 2bth

Not a requirement, but it is better to deal with sponsors that have purchased and sold assets.

Purchase the crammer course through hondros or whichever school you took your classes through, it's helpful in narrowing down the information for both state and national

I did a similar thing, instead of a GC, I was an engineer  already in the land development environment and put together my own group to purchase land, entitle, develop, etc. 

@Jordan Fujan In my calculations to buy a property once I’ve gone to the initial viewing I typically put between 5-7% for CapEx depending on the condition of the property and how much work we plan on doing to it upon purchase.

You simply call your 401k provider and let them know you are trying to borrow money to use as a down payment for your home purchase.