If you lose, leave or stop working at your employer while the loan is outstanding... you will have to pay it all back immediately or it becomes a taxable event (income tax 25%+)2.)

You might suggest a loan from the 401k but I already have a loan outstanding on my SD 401k.Basically I need this as a bridge loan to purchase a property whereby I will be able to payback the disbursement within 60 days.

Its on the seller to clear any outstanding debt or the title won't be cleared by the title company.

I would never invest 2 mil in a bunch of low value single family rentals that's for damn sure.

You will also need to know if there are any outstanding liens, bankruptcy, foreclosure actions....in short, to be blunt, you have a small fraction of the needed information.

With the exception that in Oregon and I don't know about Nevada there is an exemption that you can do 2 in a year and 3 outstanding at anyone time, after that you need licensing..

Frankly JB, Scarlett doesn't give a damn.

It would yield 8%-10% but at a minimum 8% based on my calculations.Id say my cash position is 37% of my total outstanding mortgages. 

Damn it @Ben Leybovich , I keep running out of votes for you.

This is one of those damned if you do things.