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Updated over 5 years ago on . Most recent reply

User Stats

46
Posts
13
Votes
Larry Smith
  • Rental Property Investor
  • Charlottesville, VA
13
Votes |
46
Posts

Borrowing from TSP....?

Larry Smith
  • Rental Property Investor
  • Charlottesville, VA
Posted

Hello BP family, 

So, I'm currently in the military and have been able to acquire one property so far. My wife and I definitely interested in another, but want to move on it sooner than later. I'm considering borrowing from my TSP to add to our current savings? Is this a bad idea that I should steer away from or your experience is it worth it? We have savings already from our SFH, but are looking to invest in a multi-family to increase cash flow.

If this is the wrong forum for this question, let me know where to post. Thanks! 

Most Popular Reply

User Stats

387
Posts
129
Votes
Gary Carver
  • Realtor
  • Detroit, MI
129
Votes |
387
Posts
Gary Carver
  • Realtor
  • Detroit, MI
Replied

@larry smith   I think it’s a great idea. Using it to purchase a multi unit would be the best way to maximize the funds

  • Gary Carver
  • 3136236907
  • Loading replies...