Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Zach Dermer

Zach Dermer has started 1 posts and replied 4 times.

Post: Borrow from a 401K for BRRRR investing?

Zach DermerPosted
  • Baltimore, MD
  • Posts 5
  • Votes 1

@Anthony Rosa thanks for the info. Seems like a good idea especially with money being so "cheap" currently. Thanks

Post: Borrow from a 401K for BRRRR investing?

Zach DermerPosted
  • Baltimore, MD
  • Posts 5
  • Votes 1

@George Blower thanks for that info! Appreciate all the help as I begin my REI journey.

Post: Borrow from a 401K for BRRRR investing?

Zach DermerPosted
  • Baltimore, MD
  • Posts 5
  • Votes 1

@Will Fraser Thanks so much for the advice. Appreciate the input and agree with taking the simplest path possible to begin. I'm sure it gets easier once you have a couple properties! Thanks again, Will! 

Post: Borrow from a 401K for BRRRR investing?

Zach DermerPosted
  • Baltimore, MD
  • Posts 5
  • Votes 1

Looking to get some insight as I look to begin investing in real estate.

Should I borrow money from my 401K to be able to pay my first rental in cash? Would use partial cash and partial 401k funds. The plan would be to BRRRR it and pull out the funds to reinvest in another rental. Or should I go the conventional route with a 30 yr mortgage just to get one rental under my belt. Any input on this would be helpful as I look to buy my first rental. Thanks in advance!