Pooling Wealth? Equity, 401k, Saving

[Taylor Reichert]

Ok, I’ll admit I know nothing about funding flips. But my concern is actually getting approved for funding a flip because I don’t have wads of income or a huge savings.

What I do have is equity in my home, a 401k(not active), and a small savings. If totaled equal roughly 150k. I realize this isn’t a mountain of wealth and there are penalties for using 401k.

My question is can I pool this these together and fund my first flip solo? I would rather use someone else’s money. But I’m curious... has anyone done something similar?