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Updated almost 8 years ago,

User Stats

14
Posts
1
Votes
Brandon Lorenz
  • Investor
  • New York City, NY
1
Votes |
14
Posts

Self-Directed 401k -- how much before its worthwhile?

Brandon Lorenz
  • Investor
  • New York City, NY
Posted

Hi All!

Have spent some time reading the posts about self-directed 401Ks -- I had no idea about this structure until I joined BP!

What I haven't seen, but am curious about, is how much does one need for this to be a really worthwhile tool? For example, if one had a couple orphan 401ks that add up to around $20,000 would this be worth turning into a self-directed 401k and perhaps used as a hard money investor for your LLC's rehabs?

Thanks in advance for any thought's y'all might have

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