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Updated about 9 years ago,
Scenario for using 401k funds
Hi, I'm new to RE investing... need you to comment on my thinking...
I'm looking to purchase an 21 units apt building for $950k. I'm hoping to use $285k as a down pay from my 401k (through a Self Direct I presume). Then, ask for a 25yr conventional loan from WF bank.
Is this scenario realistic?