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Updated over 9 years ago,
What Role Does Your 401k Play - Long Term Rentals
Hey everybody
I am wanting to know what role does your 401k play when it comes to investing.
Do you use it as reserves when getting a loan? Do you still contribute to it?
What benefits does it give when buying rentals?
Would you recommend a young investor if contributing to 401k or wait till a decent amount of property is bought.
Im 24 and have a couple thousand in 401k nothing much, will it be beneficial to keep adding to it, my employer matches every dollar I put it in up to 8%
or save the money instead and build cash reserves?