So I set up a double closing, and then do I use the funds that my buyer wired in to pay for the A to B transaction or do I need to acquire some type of transactional funding?

My first deals were here, but I now have property to the north and am about to acquire my first properties in northern Illinois.I enjoy the rehabilitation of depressed real estate (like therapy for me - seriously!)

@Derek BennetsenTo clarify, a Solo 401k is specifically exempted from taxation on Unrelated Debt Financed Income (UDFI) when the plan acquires real property using a mortgage.  

It also may depend on how you acquired it - for instance I think some foreclosures (e.g., Fannie / Freddy)  have a maximum increase (say, 10%) that a property can be sold for within a certain period of time from the acquisition (say, 3 months). 

There are many ways to acquire financing or funds/ capital etc. you need: hard money lenders, traditional banks ( investors pay more in interest than owner occupant status home buyers), partners, family and friends, retirement funds ( maybe Roth), private lenders, mortgage brokers, crowd funding, seller financing, savings, rents/ dividends/ interest and other income, etc.

Both were originally acquired as personal/owner occupant properties but are now being used as short-term rentals.  

If you have enough towards a down payment I would go ahead and use your money to acquire a rental property.

I'm looking forward to having him accompany me during the workshop, so between the two of us I'm sure we will be able acquire some great knowledge.

It was much much quicker and easier to acquire the volume that I needed to retire myself from the 9 to 5 doing the Multis.

I am now obsessed with acquiring multi family properties and installing solar systems on them.