I've finally decided that I'm going to do whatever I can to get that first deal, starting with a little bit of accountability from posting to this forum. 

Account Closed, sure, zero down sounds great, but, what are the other numbers?

update.my 3 unit cash out was cancelled by quicken loans. i give them no stars.90 days and $500 later to tell me they dont accept reserve money in dba account. i needed 2 months in personal savings. this after 10 other stupid red tape bait switch tactics. and 3 different loan officers all with varying degrees of knowledge.

Account Closed   I'm interested in buy-and-hold rental properties. 

Typically rent is not earned until the month it is due, so should be retained in a prepaid account, and/or accounted for as unearned revenue until the month it is earned.

When setting up our Solo401k, I read I needed to keep all monies separate, My rollovers, My wife's Rollovers, My contributions, etc.So I currently have two accounts, My rollovers ($92,xxx) and my wife's rollovers ($2,7xxx).My question is, do I now need a third account for doing the actual purchases?

Account Closed is spot on. 

Put that into account when you're underwriting your deal

I have my rental's reserves sitting in my business account earning nothing.  

Originally posted by Account Closed:For sheriff foreclosures, try epreforeclosure dot com.Thanks Virs!