Rollover Business Startup Loan (ROBS) to fund RE Investment

[Jason Nesbitt]

Hello All,

Our fix and flip business has had a lot of success and I am getting ready to quit my W2.  Very exciting to get to this stage but it raises a few finance questions.  I would ideally like to tap into my 403b to fund fix and flip projects without triggering major tax consequences.  I have done some reading on the Rollover Business Startup (ROBS) program and have spoken to a few companies who are confident that I can do so.   My accountant who is excellent has some reservations and I am meeting with her to discuss further. 

Has anyone used this program to fund a real estate investment business?  Do any anyone on this forum have experience with these programs? 

The more information I have before meeting my accountant, the better. 

Thank you!