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Updated 8 days ago, 12/10/2024

User Stats

22
Posts
8
Votes
Josh Duncan
8
Votes |
22
Posts

Thoughts on 401K loans

Josh Duncan
Posted

Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a live-in flip on my primary residence. I'd like to add another SFH to the business in the near future with the main goal being grow the business as fast as possible. Been looking at hard money loans, and also looking at doing a 401K loan from my w-2 job. Anybody had any dealings with this?

Thanks!  

Josh Duncan

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