Can you use a 401k or IRA and keep cash flow now?

[John Hyatt]

Hello, Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations: 1) example: you invest 10k from IRA and 10k from personal bank account to purchase a property. Wouldn't you be able to put 50% of profit into IRA/401k and the other 50% keep now? 2) example: invest 20k from IRA/401k to purchase a property and have an agent manage the property and with the money you pay them to manage it, partner with them on another property? So, you would have two rental properties managed by the same agent and partner with the agent on one of them that you can collect cash flow now? 3) example: what if two people not related invest in a property, each contributing 10k from their IRA/401k to buy a property and then cash flow after expenses is $500/mo; do they each get $250/mo? Thank you -John