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Updated over 5 years ago,

Alfredo Franco's profile image
Alfredo Franco's profile image
Alfredo Franco
  • Rental Property Investor
  • from Corpus Christi, TX
  • Member since Apr 15, 2019
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User Stats

23
Posts
8
Votes
Alfredo Franco's profile image
Alfredo Franco's profile image
Alfredo Franco
  • Rental Property Investor
  • from Corpus Christi, TX
  • Member since Apr 15, 2019
Connect
Alfredo Franco
  • Rental Property Investor
  • Corpus Christi, TX
8
Votes |
23
Posts
Rehabbing & House Flipping

Use of retirement savings and placing home on equity

Alfredo Franco
  • Rental Property Investor
  • Corpus Christi, TX
Posted

I have a plan to take out 20 k from my retirement fund to take care of Debt and fix credit. The rest of the money I want to put towards raising the value on my paid for home and then use that for equity to have more money available to start investing in flipping and rentals.

Is this a good plan?

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