I see that you specifically mention "sale of the property" which would make a reasonable situation.

We can do loans as small as 75k the issue that I see is that you mentioned the purchase price is 85k and the ARV is 105k but there are no repairs needed.

It seems almost certain they knew something about the title problems, because as I mentioned, they had very specific carve outs and odd exceptions to the normal buyer requirement of clear title, which were not standard to their usual boilerplate contract. 

I am only 19 years of age and still in school planning on majoring in accounting and finance. 

I would love to hear from investors in the places I mentioned before, maybe get some good and honest referrals to work with.

The agent was informative and also suggested other properties in the surrounding area once I mentioned I was new to investing in rehab properties.

One of my co-workers mentioned that there might by a decline in the housing market and that we should wait a year or so to buy any property.  

You mentioned this being the most profitable flip for the foreseeable future.

The formula you mentioned, is that for buying and holding the property?

Also, an additional 10% early distribution penalty applies if you are under age 59 1/2 unless you meet the age 55 exception.