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Updated almost 4 years ago,
Thinking of using 401k to invest
Hi All
Im thinking of using funds from my 401k plan to launch my investment goals. Ive heard of the Self-Directed IRA and not sure I want to go that route. Has anyone used the SDIRA? If so, what's been your experience? I've also thought about just taking a loan on 401k for the down payment and repairs (using BRRR method) then refinancing within 6 months to repay my 401k. Has anyone taken those steps? If so, how did that work out for you?
Thanks Toni