I offer to fund a flip of there house, they would get the number they were seeking for their house plus a percentage of whatever the profits are after all expenses, holding costs, realtor fees etc..have been paid.

Are the majority of your deals from mailers or MLS? 

Basically I would use the funds in the 401k to purchase my deals, fix them up with funds in the 401k as well, then sell them for a profit to my LLC which would then rent them out long term. 

--- Now if you're trying to refinance and take the cash back out sure it would affect that and you would be on 'pause' from being able to do so, but you wouldn't be loosing $ on this investment, you would still be cash flowing and making a profit.

The reason he suggests flipping is to get the profit from a couple of flips and then maybe go into rentals with a larger sum of money.

Major appliances are still connected to ungrounded outlets, some switches and outlets do not work, a kitchen breaker for the middle unit gets tripped for no apparent reason.9.An electrician has also damaged exterior walls.

I'm looking to do a remodel in Stone Mountain, specifically a major kitchen update.

Kristina,  I develop these sites for the major carriers. 

Some states it is a combination of those factors.2) In the vast majority of tax lien states, you must foreclose in order to take the property.

The building needs pretty extensively overhauled but my partner is very handy and plans on doing major projects for the building.