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Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Anthony Jennings
  • Real Estate Agent
  • Roanoke, VA
1
Votes |
10
Posts

Moving 401(k): IRA, Commercial Property, or Multi-family Unit?

Anthony Jennings
  • Real Estate Agent
  • Roanoke, VA
Posted

My wife has changed employers and must make a decision on what to do with her 401k within the next 30 days. We are interested in exploring options for using the money to lend to me towards the purchase of a commercial building or a residential, multi-family unit.  What are the advantages and potential issues for each option (commercial vs. multi-family)?  

Thanks in advance for any advice!

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