"Are you familiar with the market", "What is the rental income you expect to make", "Do you know what cash flow means *j/k?

@K.

K.

@Joe Delia and Rob K. , maybe you guys need to get some glasses with some of your investment profits...

What we're talking about here are qualified retirement plan loans, such as against your pension plan, a 401(k), or a 403(b) plan.With some very important exceptions, interest paid on a retirement plan loan must be "traced" in order to determine the use of the funds.

@Kiran K Thanks Kiran.

@Charlene BlandonI think you are confusing flippers with buy and hold landlords.Flippers look for deals where their cost (property, carrying, improvements, etc.) will be less than 70% of ARV (repaired value) to allow a profit when selling.Buy and Hold Landlords look for return on investment.A house for sale at $120K which needs $10K in repairs to be worth $200 K , would interest a flipper.

Thanks @K.

Thanks @Brian K.

It needs about 10-15 K to rehab to make it attractive but could be rented with about half that in rehab.