Those remaining 1470 will still need to sell, but they have a few extra months..

(if they only require 15% down on a single family home that is usually a good sign that you are working with a flexible lender) How many loans can I have with you?

For a $700k approval and your flexibility with the areas I would suggest Inglewood, Hawthorne, San Pedro, Gardena and 90047 LA. 

If we are going to pay all the insurance, taxes and maintenance, we may as well own the building.I realize this may be a little bit of the wrong place to ask this since many of you are property owners but I'm wondering your opinions about NNN leases and whether they will remain feasible in markets like the one I'm in.

That's why fix and flippers usually get bridge loans, they provide higher leverage with more flexible exits 

I believe if you're open to some sacrifice of being flexible where you live, especially when you start, it can reap lots of benefits long term for you in a number of ways like it has for me!

Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Here are some numbers below.Purchased in 2015 for 260,000 (FHA loan)Current mortgage remaining 227,000Appraisal estimate= 385,000-415,000Estimated cash out= 70-75,000Which would make more sense, I think with the cash out refi could still have possible a $ 300.00 cash flow and around 100,000 equity left (25%)?

I put 5% down and have a mortgage balance of $160,000 remaining.

Would you be able to recoup the cost of the repairs over the remaining life of the building?