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Updated about 8 years ago,

User Stats

335
Posts
57
Votes
Ryan Keenan
  • bethel, ct
57
Votes |
335
Posts

Investing with 401k

Ryan Keenan
  • bethel, ct
Posted

If you borrow off your 401k for a down payment on a owner occupied multifamily. Will the banks count this a debt and hurt your dti? Do you have to let the banks know you are planning to go this route or just go to the bank with the money withdrawn? Thanks!

Ryan