I realize there will an unavoidable 10% penalty to take out the 401K, but I'm curious about the potential income tax avoidance.Can any of you see major flaws in either path? 

A lot of out of town buyers don't realize that majority of multifamily of 2-4 units was built a long time ago and are in older neighborhoods.Over the past year or 2 there has been a spike in multifamily demand and appreciation which is a major factor in the available inventory for multifam.

I joined the BP community after listening to a couple podcasts and realizing how much I had to learn - and how much BP had to offer.

@John UnderwoodYes, I realize having $50k in equity doesn't mean I can pull the full amount out.

I recently realized the city requires all single-family rentals to undergo an inspection process and $65 application each time the property changes tenants.  

I realize this is not statewide, but there are so many anti-landlord laws being experimented with lately.

Invest in what will make sense from a total return and/ or cash flow perspective.yup, that is what I also realized - the rule is too broad and like it was mentioned in one of the youtube videos, its more like a guideline.

@Richie Thomas @Jaysen MedhurstThank You both for you input, I realized I uploaded the wrong report and not the edited version.

He didn't realize this when he signed the contract and will essentially be breaking even or even going into the red at closing. 

Hi all,I realize this is a really detailed subject that's impossible to explain in 500 words, but does anyone have any tips on estimating rehab costs?