I suspect the title agent would not be in a position to give you legal advice on how a contract (the policy) might be construed unless of course the agent happens to also be an attorney that you retained to give you an opinion.

This of course considering a person who has no more early withdrawal penalty, kid's college is behind him and other factors that applies during younger age no longer applies. 

By definition, these are lower income areas (like Ryan said), but this means there's currently higher income limits on down payment assistance and mortgage credit certificates. 

I was broke living in my moms garage and yes I dug myself out with my super secret system and now you to can do what I did just buy my course.

Of course being able to move the money from the 401k to a solo 401k or SDIRA, the 401k would have to be from a former employer. 

Of course, I'm not accounting for salary increases or compounding interest because we're keeping it simple here. 

There are free tools online everywhere, but basically you want to do the following:Gross Potential IncomeLess Vacancy= Gross IncomeSubtract the following expenses:Real Estate TaxesHazard InsuranceLiability InsuranceMaintenance (yes, even if you plan to DIY)SuppliesProperty Management (yes, even if you plan to DIY)UtilitiesLawncare/Snow removalLegal Costs (evictions, LLC formation/maintenance)Bad Debt (non-paying residents)City Occupancy LicensesPayment processing fees (for debit/credit cards)This will get your Net Operating Income.Then subtract debt service. 1st mortgage2nd mortgage (if applies)Line of Credit (if applies)This leaves you your free cash flow.

The parameters and the courses of action I am looking at are below.

The following week, I resigned from my job of 3 years in Sales, took the money I saved up, leveraged my good credit/high income and borrowed as much money as I could get my hands on, then dove in to the world of Investing and haven't looked back since.

Does anyone know of any banks or credit union that does cash-out refi with 6 month's seasoning (conventional loan)?