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Updated about 8 years ago on . Most recent reply

User Stats

111
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164
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Vina Real
  • Alexandria, VA
164
Votes |
111
Posts

financing with rollover IRA?

Vina Real
  • Alexandria, VA
Posted

Hi, guys! Recently, I rolled over my 401k from my previous employer to a Fidelity IRA. Now, I'm thinking of funding my first property with my own cash and some money from that IRA since I'm afraid of getting an HML or a private lender. Is it a good strategy or not? And also should I find a property first or get my funds first? As of now, I have 40K saved up and I'm also thinking of getting a 401k loan from my husband?

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