You can withdraw from your 401k starting in the year you turn 55 if you qualify.I am following a plan similar to yours.

Start with the end in mind --- what would be the investor's exit strategy for this home? 

ThanksCongrats on starting your RE journey!

Im also interested in starting to invest in housing whether that be flipping, BRRR, etcMy wife, 54, is newly positioned social worker and climbing to what she feels is her max with clients.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

I would definitely start off renting most units as LTR and slowly renovate and furnish units to do MTR, having a mix of both. 

@Omar Fernandez - you can start by reaching out to some attorneys, NYC is an attorney city so you'll have to get an attorney involved (who usually orders the title search). 

If you’ve got property and aren’t well-versed in an accounting software I’d recommend starting with a good accountant and quickly adding a good bookkeeper.

MAREI meets next week - we have a new meeting place starting on the 12th at the Double Tree. 

Starting off you will not do a zero sum investment plus get other people to invest.