Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
401k question
Has anyone ever tapped into their 401k to begin their career in REI? I currently have a 401k with a little over 100k. The retirement fund is mostly made up of employee contributions, employer contributions and deferred compensation. I'm 100% invested in my 401k and have the ability to withdraw a portion of my retirement to purchase a primary home without penalties or taxation. I don't have the capital nor strong credit to obtain a secondary mortgage or receive additional financing to purchase investment properties.