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All Forum Posts by: Michael Loza

Michael Loza has started 5 posts and replied 41 times.

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Timothy White. Thanks timothy i will consult with my financial advisor at fidelity .

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Mike Dymski thanks mike

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Patricia Taveras thanks for the info

patricia!!

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Patricia Taveras did you repay the loan back to into your 401k?If so how much interest plus cost did you have to pay when repaying?

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Jefferson Simmons thanks jefferson!

Post: Anyone used 401k to purchase first property ?

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the difference in cash immediately (within one year) . But i do have 30 k in my 401k and am learning i can borrow against it as long as i pay it back. My question is anyone have any good or bad experience with this route? Any thoughts, opinions or concerns would be greatly appreciated. Thanks in advance!!

Post: Reia in sf bay area??

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Mark Pedroza thank you !

Post: Reia in sf bay area??

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Johnson H.thanks

Post: Reia in sf bay area??

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

@Jeremy Wirths lol

Post: Reia in sf bay area??

Michael LozaPosted
  • Rental Property Investor
  • San Diego, ca
  • Posts 43
  • Votes 26

Hello people of bp, i am looking to join a REIA but there are none near me according to the website i live in the bay area and it looks like los angeles is closest?