The borrowing provision on a 401k allows you to borrow (typically) up to 50% of the vested balance or $50K, whichever is less.

If you screen sellers properly you can find those that are motivated enough to do this.

That is why you want to buy below Market Value.Market Value is the price an asset will trade (sell) in an open competitive environment.Defined as follows: Market value is the estimated amount for which a property should exchange on the date of valuation between an educated buyer and a reasonably motivated seller in an arms-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without undue influence.The delineation of "After Repair" or "As Is" technically exists only as jargon amongst REI groups and conversations.

The PN and DOT states that the seller must be insurance beneficiary to the extent of the loan balance.

That said, your balanced post has provided a much-needed counter balance to what I find to be an overly critical tone regarding Rich Dad here on BP.

(b) Unless the Tenant objects to the imposition of the LANDLORDs claim or the amount thereof within 15 days after receipt of the LANDLORDs notice of intention to impose a claim, the LANDLORD may then deduct the amount of his claim and shall remit the balance of the deposit to the Tenant within 30 days after the date of the notice of intention to impose a claim for damages.

Sounds like the estimate from them is based on closing on the 15th, so if another date is used then the numbers will fluctuate.The unknowns are unknown, otherwise the things would be known and itemized on the estimate.Now, if the lender will be escrowing taxes and insurance, then the determination of the disbursement schedule and resulting "low water" escrow balance (1/6 of annual total due to be paid into escrow) tends to move a bit when the settlement date moves.

Capital expenditures are evenly split (this seems like it could be problematic to make these determinations).3) Obtain a straight 5-10 year loan from a private investor, and you keep all the profit and risks above the borrowing costs.4) Obtain a 5-10 year loan from a private investor at a lower rate, and you and the investor split the equity (net sales proceeds minus note balance) when the property is sold in the 5-7 year time frame.5) A lot of the big turnkey companies are combining (1) and (3) by selling the rental to an investor and matching the investor with a private lender that they’ve cultivated.Obviously, option 3 is the only that that is just like dealing with a bank.

Hopefully I can spread out into a proper office in the near future ;-)@Jon - The county is in the highest concentration of Marcellus Shale in PA.

I have not used a bump key myself (they are illegal in some states without the proper locksmithing permits/licenses).