@Alex Olson thanks, unfortunately that’s not an option for this property.

I’m in the middle of my 3rd fix and flip and my circumstances in life have suddenly changed where now I am thinking about purchasing this property to live in myself.

We would like to stay away from paypal, venmo etc since that creates problem during unfortunate events of eviction process and tenants can basically do small payment and delay whole process.We always turned to wise community of Biggerpockets in times of confusion and this is one of those types.

In normal circumstances, given you are still with the company, the 401k would only be available for a loan of 50% the amount in the 401k without some kind of penalty.

Unfortunately, there are not any direct offsets to reduce the burden created by the taxable event.

Unfortunately, it seems that new deals are becoming rarer and rarer and that was before the current crisis threw a wrench into the global economy!

I have one at Synchrony bank that is still paying 2.50%, which I think is phenomenal under the circumstances.

There are a few cases where you can use the income, but house hacking would not qualify unfortunately 🙂Good luck!

Unfortunately, there were some delays with his previous project, and in addition to Thanksgiving, Christmas, and the New Year holidays, work did not start until January 2nd.

Unfortunately, they can be $$.