Funding my first buy

[Bobby Ryan]

I recently lost my job and what better time to start a full-time career as a real estate investor, which has always been something I have wanted to do. I have a friend who has a lot of connections (banker, construction, inspector, agent) and is willing to help me get started.  I want to start with fix and flips.  I have ~ $70k in equity in my home, $40k in savings, and $350k in a 401k.  My question is, what would be the smartest way to fund my first deal?  I'm looking for something in the range of $100k to purchase.  Any advice is appreciated. 

Thank you.