If you decide to go this route keep in mind that this would be 5-year loan so the payments would be pretty high.If your 401k is with the past employer - you might be able to roll it over into self-directed IRA.

Looking forward to connecting with like minded people.

i would stay away from SFH as your first purchase. you are 100% responsible for that mortgage should something happen like you lose your job or something. a multi family gives you breathing room. one thing to keep in mind is the taxes...sure the Bronx may have higher prices compared to NJ....but you can find properties in the bronx with 2-3k annual property tax rates.....while Jersey has some of the highest property tax rates in the country. factor that into your math and not just the purchase price. 

But keep in mind all the franchisee firms are going to be focused on buying/selling full retail, MLS, owner occupant properties. 

Do you have a specific property in mind, Shea?  

Look over the calculators on BP, and find some like-minded people at Meetups, etc.Good Luck!

If you don't mind can I send you future properties to look at for me?

Anna  EXACTLY HUGE difference with no money or fully levered transactions .. and someone trying to do real estate with no finances or working capital.. keep in mind its the gurus and book sellers that talk about how you can do deals with no money and OPM.. and this happens for sure.. but usually for people that have working capital and understand the basics of real estate transactions.the wholesaling gig where folks think this is the way to break into the business is just fantasy..maybe bird dogging.. were your just talking and trying to refer people to others who can actually transact.

The thing you have to keep in mind is, right now, you are completely exposed.

and the highest offer would as Wayne said below come from a owner occ 203k retail buyer who would not mind some sweat equity.