How to use money from my 401K to fund my first purchase?

[Faustino Ramirez]

Hello,

I have 260K in my current employer's 401K and I want to start investing in multifamily buildings for passive cash flow. My goal is to replace my W2 income (5K) with passive cash flow from real state investments as quickly as possible. I would like to purchase a multi family turn key property in the Memphis, TN area.

Any Ideas on where I can start?

Please advise.

Thank you,

Faustino R.