Roth funds can be withdrawn tax/penalty free.

Seller's affidavits about BK,  liens, taxes, no new liens in last days should have been ready to go yesterday.

As of now, I have saved up enough money for a down payment on a fha loan, and my income is expected to meet the loan qualification criteria soon (with my parent co-signing due to my limited income history).

When did buyer's agents start training on  buying "off market" without agents, subject to, wraps, seller financing, lease options, land contracts, fix & flips, rentals, taxes, asset protection, etc, etc, etc.

My wife and both make a high income for our area and I feel we could save about $100K per year to keep buying. 

I have saved up a decent amount where I can now put a down payment on a home.

I don’t need to submit a No Tax Due Report?

Also if someone pays taxs through Captiol Gains would one have to pay income tax on said amount of profits?

DO - Save your cashola to buy a place of your own.Don't - Do arbitrage if you have low cash reserves.Arbitrage isn't real estate investing, it is creating a job for yourself.

If your doing anything close to this tye property better be a 100% home run .Otherwise, we didn't do a portfolio loan until we had 5 houses and supporting tax returns and did everything cash up until then. i wouldn't do it until you have some track record before jumping into leverage and a heloc is made to use and pay off quickly.