But here's the real low down - as much as I or anyone else on this forum knows about title, we aren't legal experts and if we were we don't have all the facts necessary to render an informed opinion.  

I have an opportunity to purchase a home around 350k from a seller I know. 

I'm researching the possibility of purchasing another duplex or a triplex within the next few months.My question is: Is there such a thing as an owner-occupied, non-QM loan for a multiunit investment property?

Total cost significantly below their current monthly rent.3- If you have to 'give them' to the current tenant to get them off your books then do if it makes sense long term.  4- Don't do purchase contracts longer than 18   months. 

It was very informative and I want to try it in the future if I can find the right deal. 

Purchase price: $250,000 Cash invested: $5,000 This was a property my wife and I purchased to live in while fixing it up with the idea of renting it out.

Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Based on the little information, I think you are under-estimated how much taxes / penalties will be taken out.Your profile mentions you are a resident of Brooklyn which is located in NYC.NYS / NYC taxes is taxed at around 10%+ for middle income earnersPenalty is 10% at the federal levelFederal taxes for middle income earners is 24%Given the 3 numbers of 24% + 10% + 10%, you are closer to 44% instead of 35%If you are above a middle income earner, the tax rates can behigher.With that said, I took out all my retirement income and put it in real estate.

Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

Purchase price: $475,000 Cash invested: $50,000 Horse House Hack!

Purchase price: $225,000 Cash invested: $8,000 Bought in early 2023.