To liquidate or Not to liquidate

[Jeshua Patrick]

First, some context. I just recently left a good stable job for a job that appeared to be an opportunity for professional growth. I was upfront on my current skill level and abilities and was offered a temp to hire position with the company with a 90 day upfront contract period. Today was two weeks from the end of my contract period and despite feeling like I did everything asked of me they said I wasn‘t working out and terminated my contract. So to my point, I have a 401k from my previous job worth $80k, $50k after tax, plus about $20k in cash and at least $30k in available credit. I have a couple potential leads on properties I could possibly flip. If I could get one under contract at a price that makes sense would it be worth taking the tax hit, assuming I could make back the loss in taxes of course? Obviously an SDIRA is out of the question for a flip. Go...