Can I get a loan from my 401k?

[Rachan M.]

Hello,

When buying my primary residence 9 years ago, I utilized a $15k loan from my solo 401k account for cash down payment. I have a few more thousand $ to pay back that loan.

I now have another 401k account through my current employer. I am looking to buy another house and am wondering if I can get a loan from either of these 401k accounts? Will it financially work to my advantage?

Thanks so much :-)