If you don't know the implication of receiving a special warranty deed are, you have more homework ahead. 

Essentially, the withdrawal is added to your Adjusted Gross Income for all tax purposes.If I were you, I'd go ahead and pull the $10,000 maximum out to put down on your first house.  

Or go ahead and use it as a downpayment on a home like I said using the FHA 203k loan on a duplex and get started in my investing? 

I am yet to contact my mortgage agent to get the specific, but I would like to get ahead of the ball on this one before i ask him tomorrow.

But go ahead and start the relationship with a hard money lender.

We're making hefty payments on these loans (especially the LOC since it's revolving) and are staying on top of the interest charges and paying everything down ahead of schedule, and as of now these properties are keeping us very financially comfortable, buuuut...we want more.

This is why I always try to research the tools and techniques ahead of time - then you can ask the contractor - well what about this way.  

Hey Peter C. suggests and you'll be way ahead of the game.I'm an active investor/agent in Orlando, and have some connections in Tampa, so please reach out whenever I can be of assistance to you.I wish you both great success.

Thanks ahead of time for any tips you have all learned through your experiences.Jason MuenchowCentury 21 Beggins

I apologize ahead of time for my basic questions