Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

15
Posts
3
Votes
Matthew Krickeberg
  • Rental Property Investor
  • Appleton, WI
3
Votes |
15
Posts

401k loan to begin real estate investing

Matthew Krickeberg
  • Rental Property Investor
  • Appleton, WI
Posted

My wife and I have recently committed ourselves to taking the plunge into real estate investing, focusing on buy and hold rental units with the goal of generating monthly cash flow (flipping, hacking, wholesaling not an interest... right now). In preparation for this move we have taken a financial audit of our circumstances and see that our 401k (I have the only account now, just shy of $100k @ 40 and my wife has just begun to contribute to her own this year at 33) will not get us where we want to be in 25-30 years. Are we better off leveraging these funds to start our real estate venture immediately on a solid footing, assuming that in the long run (10, 15, 25 years) we will be able to compound and leverage our gains to build wealth far faster than we would waiting 5 years to save for an adequate down payment for our first property? 

Any help would be greatly appreciated!

Loading replies...