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Updated over 8 years ago,
Home Equity Financing vs. 401K down - 2nd property/investment
I'm trying to put together some financing to buying a multi-unit rental property, which may or may not become my primary residence. I'm short on the cash side, so it looks like I may need to pull equity out of my condo (primary residence) to pay for the down payment or use 401K to pay for the down payment. I'm a little skeptical about both. Any thoughts on either of these options?