A plan will follow shortly!

Contact 2 or 3 to interview them personally then make your choice.TD Ameritrade and Fidelity do not offer truly "self-directed" IRA, they might offer some control, but only within confines of their allowed investments, which is confined to the stock market and does not include alternative investments such as private lending. 

But then if you can live off other income and pay those suckers down, now you're talking free and clear, nothing but flow in a relatively short period.

Assuming IRA is invested in stocks, the remaining $ in IRA will grow 10-15% for a few years (as long as economy is good). if you are making 45k in NJ, it means you are underemployed.

Can you guys tell me in a short story what is the process to get a loan?

But I wouldn't recommend you go this route.Besides all that mess and possible liability, it's only a few months, so now you'd have to find a short-term renter.None of this sounds like a good idea.

More problematic is your loan, if you’re getting a loan for a second home and it in fact is going be a short term/long term rental.

Ok, long story short (and I can fill you in on story details if you would like), but here are the facts.

I am wondering if this is the same case with a short sale?

I am new to getting financing on properties as my other 2 properties I was lucky where the seller let me do payments to them directly on short 5 year loans at very reasonable interest rates.