The lender is acting like owning a second house in any form would trigger converting the first to an investment property (with a worse rate).

make sure you have thorough phase 1 environmental site assessment and may want to consider an environmental compliance component depending on the current operations.  

Applied yesterday, submitted paperwork today (most of it). Getting 500K out, getting a 3.625% rate on each, 75% LTV, and about 20K in closing costs for all four. I plan on buying 4 more rentals with the proceeds. That...

Mortgage rates were 5% in the early 60's and I thought it be heading in that direction.Sure enough rates dropped below 8% by 1993 and I decided to pull the trigger.

I was still skeptical and constantly reasoning with myself to do more research in order to get comfortable enough to pull the trigger on considering to buy a home.

How triggered is Paul with that last sentence? 

Once you have your team in place and understand all the numbers behind the financing, you can then plug and play opportunities until you find one to pull trigger on.  

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

So if you can get a solid deal, I say pull the trigger but I wouldn't force anything either.

They did advice that I can start a company and each contributing investor should be an active member with the minimum right or remain active and then I’ll be in compliance with the SEC and federal laws regarding securities.