Buy and hold is generally safer in the Solo 401(k), or possibly fixing up a property, renting it for a time, and then selling it so it's not "flipping," per se.And of course you always have to watch out for the prohibited transactions and make sure you keep good records for your accounts and work with a banker who knows what they're doing.

I do have access to 60k plus some more private money if needed for a deal.My internal debate is that im feeling quite spread thin between holding a contsrtuction job, learning how to be an agent (and get that business going), as well as attempting to purchase a fix and flip(s) in order to buy and hold. 

I am a new investor, well I want to be an investor and I would like to do fix and flips.

I've been hearing as low as 5.00% for floating and up in the 7% range for fixed lately.

Welcome, @Julie BaekYes, SoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?

I'm having a large hiccup because I'm fixing my credit but at least I know what it is that I ultimately want to accomplish in my life.

I generally want to use this as form of house hacking to either acquire and hold property, or target decent properties that are dated and fix and sell while living in them.

I’d imagine they haven’t been fixed yet, and digging up and replacing sewer pipes can get costly quick.

Perhaps fix up a couple units, increase rents, live there for 1 year, then move on to the next multi family.

Is anyone getting under 5% 10 yr fixed (20 or 25 yr amortization)?