The verbal agreement was that to give them a break for the month of March (i.e. defer $750) and they will pay the balance as soon as they all resume work which they have starting April.

I have found a good balance in cash flow and appreciation in Halifax, Nova Scotia. 

@Seth Hochberg1) Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

First of all Mitchell, congratulations on your upcoming graduation, you are taking the first of many steps to achieve and pursue your dreams! 

The mortgage balance is roughly 190K.

The mortgage balance is roughly 190K.

The good news here is this:  there are good provisions in lending for sales and transfers within a family that create a beneficial situation for all.If the loan balance is small enough then you may be able to purchase it from your grandmother using the equity she wants to give you as part of or all of the down payment. 

Sometimes you have to balance the thing on a chair to really get down in a 5g bucket.

Is anyone doing anything else that achieves these things like just having partnership/revenue agreement/contract?

.- mortgage balance is $385,000- 2 bed / 1 bath / 815 sq ft / 5100 sq ft lot- current homes sold in area comps are $550,000- so after closing costs, re agent fees, moving costs we will have around $110,000 to $120,000 profit- we will payoff debt of $25,000 and be left with around 85k to 95k to invest with- i will also get back my Va entitlement so i wont have to put down any money on a new investment and wont pay mortgage insurance.- both of our credit scores are 800+Thanks