Quote from @Travis Timmons:
I would not take a tax rate + 10% hit to cash it out. The only way to justify that would be if you think that you can outperform your 401k returns with 30% less cash. That would be unlikely unless you have some sort of domain expertise that would cause you to get an outsized return. I understand the eagerness to get started, but slow and steady still wins the race. Don't give away money in the name of impatience.
Thanks, Travis. I agree the tax rate is just way too high. I plan to focus on STR properties. I am starting with one but now I am limited on funds to further scale to a 2nd, 3rd, etc. property. My 401K is literally just sitting there not doing anything. I dont plan to invest anymore into that fund so need to find a way to leverage it and make it work for me via REI.
