As you'd expect, the Dave Ramsey guy is telling me to pay off the remaining $110k on my 3.75% FHA loan with my cash ASAP.

What would be your expected return if you invested that other 15% some other way?

You may find out the costs are more than you expect.

Such lenders expect 30-40% down and 10-15% in reserves.I would suggest keeping that $10K in a conventional IRA separate from your new 401k so you will have control over it. 

Hello BP Pros,I am working on my first flip.We closed on Friday and expect a 5-8 week rehab and then to sell in July/Aug .

Meet with attorneys to get a better understanding of what to expect and decide if you’d like to retain a lawyer.

Two areas where I build a safety margin are cash on hand (I want to be able to make   x  number of payments with no correlated income) and spread (the difference between rents and all expected expenses ie expected cash flow--the higher this number is the easier it becomes to make the debt payments)So for example say I am looking at a duplex for 100K and I have 50K in cash. 

He needed something to close that week, so Monday was too late (His 'pending offer' had til the friday before, how could he expect to close with another buyer during that period?). 

8 Wrote everything I did down  in a form of a diary, mistakes and all9 Followed the advice of what everybody on BP regurgitates, despite my instincts telling me no10 Failed at it as I expected following this stupid advice11 decided to use my own logic12 Made my first wholesale deal in 3 months (14K)13 I said "yay"14 Ran 3 laps butt naked around the house out of shear happiness15, stepped it up16 made my second wholesale deal ($20K)17 Made a few more deals18 Website took the first spot of Google19 this:keeps happening20 Jerryll was happy21 Jerryll became stuck up22 Jerryll stopped helping others for free and turned to the chicken, goats and virgins currency23 Jerryll became really good at making BP admins nervousThat is the fool proof guide to how to wholesale:You are welcome.That will be 2 chickens and a virgin!

Russ, it's as I expected.