Not to mention, HUD loans are not cheap what with the reports, HUD application fee, reserves, etc.Granted, a lot of the fees can be rolled into the loan, but unless you have a multimillion dollar loan, I would have a hard time justifying the rate when it comes with quite a few strings.For the borrowers such as yourself, I would suggest a Fannie Mae multifamily loan.

Now I have to pay 4k in closing costs which I will roll into the refi, so I will receive cash out of only 76K which means I now have double the cash invested in the prop at $8k thereby reducing my cash on cash return by half on whatever the stabilized cash flow is.JJ

Then we, as a small group of three people, broadened our reach through MeetUp.com After a successful Meetup, we posted about it and thanked the BP community and it happened to catch Brandon's attention.He said he'd help us out and speak at a MeetUp and I think that really helped to build momentum and obviously Joshua joining us helped to keep it going.So I think once you get the ball rolling, you will find, as I have, that not only Joshua and Brandon but a lot of other people can help support it and grow it.

Let me break down every episode in a nut shell.Scott buys an ugly house for pennies.He rolls up in a very high priced car to belittle his contractors and cut as many corners as possible.Amy is frustrated with Scott's corner cutting and then goes behind his back to (over?)

I just listed my first duplex last week and the phone calls, texts, and emails started rolling in.

What advice for me do you have to get the ball rolling?

@Kevin Parnella If you are changing jobs, you will have the option to rollover your current 401k either to a new employer 401k or an IRA in your own name.If you roll to a 401k, you can borrow from the plan as you note.

Pure cosmetic work.Rent 2000http://www.zillow.com/homedetails/1211-Westgreen-B...Both look like they have an anticipated rent roll of about $2000 month eachI have a hard money lender ready to do the deal and my end goal is to refinance with a portfolio lender  in the area at 80% LTV immediatly.

I have a SIMPLE from a previous employer, and I have been doing ROTHs currently for myself. 1) If I remember correctly, there is NOT a version of solo401 that I can roll my existing ROTHs into, correct? 

:)Andrew, you need to be aware of couple things:1) In most cases current employer 401k can not be rolled over into an IRA.