@Abhilash JosephNot all employers will allow you to borrow from the 401k, so just double check with them.

Want to know if they do "electronic signatures, double closings, etc.?

Sure, the LA metro as captured by Case Shiller shows similar appreciation.10 Yr - 5.63% (Jan 2000 - Jan 2010)20 Yr - 2.77% (Jan 1990 - Jan 2010)30 Yr - 4.86% (Jan 1980 - Jan 2010)Yet when you look at the past 5 years, San Francisco has almost doubled the rate of appreciation of LA.  

I will double check the price point.  

They can often close in days rather than weeks like the banks.As for your other questions, as you seem totally new to wholesaling, your best bet is to read read read through the forum, there is tons of advice and you will find many people have different techniques when it comes to wholesaling.First, yes Get a property under contract and then look for a buyer.You can either double close on the property, which is basically a 3 way closing where you buy and sell the property at the same time, or you assign the contract to the buyer and  then you don't need to go to closing.

i would double check with your lender if you are indeed allowed to sell the property in less than one year.Ive never used FHA loans but I know for a fact that you cant resell a property in less than 12 months if you are using a conventional loan.

Once we do about a 100k rehab It will produce us an 8.5 cap at 2$/sf NNN if we just lease to regular medical and/or related businesses as it's right in the middle of a very heavily populated medical zone.Depending on timing and wether Marijuana gets a green light in November in 26 States including Cali we could lease it to a MJ dispensary on a 20 year lease with a  high double digit cap NNN.Personally, I think the train has left the station on MJ and the Fed will have no choice but to acquiesce to the desires of the 30 plus stated that will have legalized or at least de criminalized it.

The problem is the owner wants double the ARV for the property.

have seen pricing double triple and more in those areas on top of the 25-35% NET caps.

On the right side of the bath is the toilet sink and a small stall shower.Since the main bedroom's closet backs to the bath wall and is only about 4 feet wide, would it be more benefical for re-sale to enlarge the main bedroom's closet by utilizing the space the stall shower takes up(inside shower is about 26"x26") and making the tub a tub/shower combination or is it more important to keep the small stall shower so the bathroom has both a tub and seperate shower.If the closet was enlarged we would put double doors in to the closet and tile the alcove around the tub if it were turned into a tub/shower combination.