Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.

It really depends on the market and how extensive the renos are. 

@Cameron HolcombeTry to become the first wholesaler who conducts and honest,truthful,ethical business model.

Which can of course leak and depending on the material stored in them can be the cause of extensive environmental damage.Ive originated over 600 commercial mortgage notes and purchased about 50 others, usually 24-60 months into their life cycle.

From the research i've conducted, it seems that forming an LLC, purchasing the property in the LLC's name, and then personally guaranteeing the mortgage would be the best course of action.

'This is by far the most extensive rehab I've taken on to date.

We would plan on an extensive rehab.Auction details est resale value - Not Available est credit bid - Undisclosedopening bid - $70,000est debt - $261,676I think Conservative ARV $275-$300 I have 2 questions... 1.

Below is just a snapshot of that extension of my calculator.

I'm wondering how this all went down without something unethical taking place...For your reference and anyone else's here, NAR Code of Ethics states:When an opinion of value is formed for a member of the public the opinion shall include the following:-identification of the subject property-date prepared-defined value or price-limiting conditions, including statements of purpose(s) and intended user(s)-any present or contemplated interest, including the possibility of representing the seller/landlord or buyers/tenants-basis for the opinion, including applicable market data-if the opinion is not an appraisal, a statement to that effect-disclosure of whether and when a physical inspection of the property's exterior was conducted-disclosure of whether and when a physical inspection of the property's interior was conducted-disclosure of whether the REALTOR® has any conflicts of interest (Amended 1/14)Also "REALTORS® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations."

@Danny Randazzo no I have done extensive research.