This company seems to have multiple offices around the area I am selling/buying. 

Hello everyone,I am looking to buy a small multi (probably duplex or triplex) in Chicago that I will eventually owner occupy.

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

Instead though, I don't want to sell it but use the refinance money to buy more, I've been thinking about buying back taxed houses in the area. 

If you need to more than amount per month, you will need to buy more units or buy more than one each year.

@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

If that price point is too steep for the size you want to reitre into then buy two replacements. 

@Taylor Smith if you are looking to buy a home for yourself as a primary residence, I have a video on my YouTube channel called "The Absolute Best Way to Buy a House."

Normally you have to buy in more challenging neighborhoods, so are you willing to do that, and are your friends willing to do that. 

We would have to come oop about 400-450 for 2nd HH.Also planing to use other rest of heloc for a dscr or brrr so that would possibly help as well.Would you wait until rates drop to do another HH and just buy the brrr/dscr now?