I would push the Green Buttom, go down and withdraw it from my bank and run to receipt in hand to my local IRS office, pay the taxes on it then....................................... but I am sure real estate will be involved in where I invest the remainder. hehehehehehe

The potential downside is, if you find a deal or opportunity where you need the money, early withdrawal fees might eat it your gains.  

Seattle is an absolutely brutal market right now, and it is showing no signs of slowing down. 

The population growth in Chicago might slow down if taxes are too high and the bad press on the debt is too great.Am I missing something?  

Do you earn the commission on reos when buying or do banks usually withdrawal a commission if you are the realtor?  

It doesn't create uddles of cash but it does create slow and stead cash flow. 

@KevinDarrell My husband and I are also thinking of using our 401Ks as down payment for our first investment property; especially, since we'll pay ourselves back and only have to pay a small processing fee to withdraw funds.

Be slow to move on the subject 2 deals..They look sexy but make sure the cash flow works..1.

I certainly feel your pain in the increase in prices and am curious to see if market prices slow down. 

Here is what i  have done:1)have an LLC that Tenants will write rent checks to, mortgage payments will be on an automatic withdraw from this account and then the cash flow after all expenses will go to pay the investor the loan2) the LLC has an operating agrement between myself and my partnerso do I need a seperate "operating agreement" for this particular triplex?