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Updated over 5 years ago on . Most recent reply
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Borrowing from TSP....?
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!
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@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