Using Roth 401K to finance 1st property

[Jay Elvin]

Hi everyone,

I'm a new investor looking to purchase my first multi-family home.  I plan to finance the down payment with a loan from my Roth 401K.  I will pay this loan back to myself over 5 years at a 5% interest rate using the cash flow from the property.  After expenses and loan repayment, I plan to have $200-300 leftover.

Does anyone have experience using this type of financing or can offer any advice?  I have always heard its risky to touch your retirement account but I don't see any downside if I am able to make the loan payments with the cash flow. 

Thank you!

Jason