The seller requires a cash purchase & I’m exploring creative ways to structure the deal.

I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.

.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

I would like to purchase my first property sometime next year, utilizing this year to learn and network as much as I can.

I plan on purchasing a home WITH the help of my Japanese boyfriend.

I am not sure if I would make the same decision today.However, if you think you can purchase real estate and have a SIGNIFICANT delta as an investment, I would not cash out the 401k now to buy real estate. 

Purchased at 211k .

As you purchase more, your net worth will go up more quickly than the savings in interest with the other option.

Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.