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.
Buying & Selling Real Estate
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 over 7 years ago,

User Stats

148
Posts
68
Votes
Corey Frank
  • Gillette, WY
68
Votes |
148
Posts

Funding rehab with 401k

Corey Frank
  • Gillette, WY
Posted

Hello biggetpockets community! After months of studying and looking I think I have found the one. My first rehab. The numbers make sense and the renovations are simple enough not to be overwhelming. However, to fund the rehab myself (which I would rather do) I will have to match the amount of cash I have saved with funds from my 401k. Is there anyway I can fund this rehab by rolling my 401k into an ira or something the like so that I do not have to take the giant tax hit by cashing the 401k out? I have heard of investors doing this with buy and hold properties however my plans with this are a simple fix and flip. Any input will be greatly appreciated!

Loading replies...