- Temp contract work is not considered full time employment and would be grounds for a denial if the Borrower does not have a history of successful temp work producing a stable income.  

The great part about this strategy is you are loaning yourself the money so you pay back your 401k with prime +1-2 interest.If you're looking to do more than that or if you just want to invest in real estate as a retirement asset intended to produce tax deferred gains, then you should look into a self directed IRA or a solo 401k if you have a business entity that only employs yourself and your spouse. 

Just got my LLC created to do real estate investments of potentially acquiring some income producing Single/Multi Family Home.

Your turn around time from the notice to vacate to the writ of restitution is incredibly fast.

produce valuable Guru tools and publications...embrace the sound knowledge that you may have, share it as you see fit and from which you design valuable spreadsheets, informative podcasts/webinars or publish materials...but don't bash other valuable "Gurus" for personal gains.

Their software produces a spreadsheet with tabulated bid items ready to provide any 3 contractors the same scope of work. 

I encountered an incredibly frustrating series of referrals to and interviews with different "real estate attorneys" that worked with "investors".  

Being over-leveraged is having take on too much debt (more than can be serviced) .. regardless if you are talking real estate or any other business.When a property does not produce enough net revenue to fully service debt we typically refer to the situation as negative gearing.  

there is enough meat on the bone when i calculated the back taxes into the mix on the sale side. the owner knows the taxes have to be paid so she know that this is what is going to kill what she receives so just write the contract to her at her price she wanted to walk away with plus enough for closing cost she she will have to pay. tell her it may take a lil longer to close on it so at some point i may need an extension on the contract. then call city hall and inform them that i looking to purchase a property that has back taxes owed on it but the amount of back taxes is to much for me to buy and fix it and get the property producing again tax revenue again. when i get word from the city then market it?

Always options available...1) Blanket Commercial Mortgage w/partial release clause (Max LTVs 75% per property and property must produce a DSCR of at least 1.25 with most lenders up to 1.43 for the rest)2) Hard Money Cash Out (no limit on properties and not credit driven BUT should be used for short term and only if the property still cash flows with the higher rates - usually between 50-65%LTV)3) Fannie Mae offers "Limited Cash Out" for 5-10 Investment Properties with a 720FICOGet with a good Mortgage Broker OR develop a good relationship with your local bank provided they do "Portfolio Loans".Good Luck!