forgot to tag you in the previous comment @Connor Mullen

Looking at your comment you mention future rent ability and return on investment.

Timing the market is a dangerous game, but it is tough to argue the "discount" on many stocks and funds right now compared to just a few short months ago so there is value to be had like you said, James.The caution I would advise with their 401k is one that ties in a comment made earlier in this thread regarding "paying the piper" at some point and the debt our country is taking on. 

I'll echo @Guifre Mora's comment about your interest rate.

So in your 45k example, if it was 12% interest, that's 1% per month, or $450 per month for 3 years, and the $45k due back in 3 years.I also did another one where it was $90k lent to me, and $110k due back in one year.I can't comment on the nationwide stuff, in general private lenders are friends / family / business associates that you personally know.  

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I have since asked her to double check that comment of not being able to back out due to a poor inspection report but waiting to hear.Comments?