Is there a vision that any others will become shareholders (or be granted grant options to acquire shares) in the company in the future?

However, that also comes with the expectation you would use them to acquire the property and allow them to manage afterwords.

My husband and I are currently looking to acquire more property in an area where there is more cash flow opportunity.

And regarding "direct assumptions", there are no assumptions on the 15 minutes. 1)  I provided the form he needed to complete that I acquired from the actual investment firm I was trying to work with, it took *me* 5-10 minutes to complete it myself.  2) If he chose to just believe me and sign it only, then change my time estimate to 2 minutes to find a pen, sign it, and maybe photocopy for his records. 

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.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).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

The loan will be used to acquire new property and for rehabs.

Congrats on what you have already acquired. 

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.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).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

Or bought properties that the previous owners didn’t acquire permits.

---We came back to the table with a quick closing, minimized burden on the seller, and aggressive negotiating tactics which not only won us the deal but also allowed us to acquire this property FAR below market value!