"You" put your taxed earnings into a plan that will allow withdrawals to be free of federal tax and in some cases state tax when the money is taken out to pay for qualified college expenses.

Always remember to do the math analysis on prospective properties and try to look at them or at least before you make an offer or at least have a clause in the sales contract that allows you the inspection time (about 15 days) that is detailed and allows you to possibly back out of the deal without a penalty that will hurt you too much.

Funny thing is- almost all of the talk on BP is about cash flow- don't get me wrong, cash flow is great, but equity is what allows the "average" person to leverage and grow and truly become wealthy. 

We are brand new and are in the process of gathering all the data to arrive at our maximum total offer allowance.

My broker and title company will allow us to do the deal, but I want to make sure we get the cleanest language on the contract possible.

They allowed me to take out 50%.

@Jason JonesYou may want to consider the be business financing 401k which will allow you to use all of your retirement funds to finance your own real estate operating company without paying taxes and penalties.

Always remember to do the math analysis and try to look at the prospective property before you make an offer or at least have a clause in the sales contract that allows you some time (usually 15 days) and to allow you to back out without a penalty that will not hurt you too much.I also went to college, not that it is mandatory, and I got a business degree that had a real estate emphasis.  

Banks won't allow you to wholesale the property and I believe they require a seasoning period before you resell the property.

Mortgage Options: Hard money or private money will allow you to borrow 65-75% of the appraised value.