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Updated about 4 years ago on . Most recent reply

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Travis Swisher
  • Albuquerque, NM
0
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Using 401k to help start my real estate investment

Travis Swisher
  • Albuquerque, NM
Posted

I am trying to get over my analysis paralysis and buy my first rental. My fiance and I are also looking to buy a house (for us). I would like to house hack but she does not want to, which I understand. However after using all our money for a down payment, we won't have much capital to spend on investments. I was thinking about using a 401k house loan on the house we were going to buy for ourselves so that we can keep the money we have saved for that house to buy a rental property. Does that sound like a foolish thing to do?

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