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Updated over 4 years ago on . Most recent reply

Kevin Akers's profile image
Kevin Akers's profile image
Kevin Akers
  • Realtor
  • from Tulsa, OK
  • Member since Jul 24, 2020
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36
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2
Votes
Kevin Akers's profile image
Kevin Akers's profile image
Kevin Akers
  • Realtor
  • from Tulsa, OK
  • Member since Jul 24, 2020
Connect
Kevin Akers
  • Realtor
  • Tulsa, OK
2
Votes |
36
Posts
General Real Estate Investing

Buying a duplex with little funds

Kevin Akers
  • Realtor
  • Tulsa, OK
Posted

Happy Labor Day!

I have a question, I am looking to buy a duplex to do some house hacking and get back into real estate investing. Unfortunately, I do not have any extra cash to put down for a down payment. However, I do have a 401K I can take money out of to cover my down payment and I also have a rental property that has a some equity in it.

Would you advice to take out money from my 401k or refinance my current home and take out some of the equity to purchase the duplex?

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