_______________________________________________________Housing Affordability - down slightly- The NAR nationwide housing affordability index fell by 5 points from February to March, dipping back below 100.

If you leave your job before you pay it back you might have the out standing loan at that time as a distribution which means you might encounter a higher income taxes that year plus 10% penalty if you're under 59.5 yrs.

All of us are real estate specialists, and most of us work nationwide.

This is in addition to the return achieved by the RE value increase due to the value add.It takes work to find RE that is a low risk and provides outstanding return in San Diego, LA, or OC (if it does not project at least 20% short-term return then I am not interested - goal is getting at least 50% short-term return). 

Renters Warehouse (Columbia, MD) is a nationwide company with a local franchise.

@Tina Wang @Ivan Dudley SVN | TJF is the office I just joined that listed that 241 SFR portfolio in Charlotte - We focus on SFR Portfolios and are locating opportunities for investors nationwide. 

Simply put, they were willing to give 80% of assessed value minus whatever was outstanding on the current mortgage.  

Or does the bank only get to keep up to the outstanding amount of the loan that was foreclosed upon and the excess still goes back to the original borrower?

Regarding funding the down payment with a 401k loan: You would have to confirm that your 401k plan allows for a 401k participant loan (and that you have not had an outstanding loan in the last 12 months).If yes, you can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

I don't think there is a better market nationwide where you can get a better bang for your buck than in Toledo.