A loan is non taxable yet all the responses keep referring to a taxable distribution with fed state and 10% penalty which makes a distribution a horrible idea.401k loan can be taken in two flavors 5 year term personal and or if you can document its a primary residence you can get a 15 year fixed which makes the cashflow deduction from your paystubs a bearable proposition since a 5 year term presents a much higher payment.You can borrow 50k or 50% whichever is less at rates around 1 + prime (3.25% since 2009).You end up paying yourself a 4.25% rate interest and in essence become your own private bank.The funds are paid back to yourself with after tax dollars deducted from your biweekly or no monthly pay.Hope that clarifies, I've had borrowers use 401k loans from a variety of administrators such as fidelity, vanguard, nationwide, ING, prudential, and etc and I've seen them bein used for purchase or refinance on primary residences.

I was trying to be a wee bit subtle about it, but now you've 'outed' me... oh well

There are very subtle nuances that are violated by some of the companies who have entered the niche recently and some that are marketing here on BP.  

Am I Being Too Subtle by Sam Zell.  

The differences between most software is subtle and may be how they bill for their service, support their product, or the process to use those features.

Happy to share my real estate knowledge, some jokes, cook up some fresh island flavors, and some warm island songs on the uke!!!!

But it goes from a subtle white lie to blatant fraud when you look at how he's selling a "12%" return.

These meetups were a pretty subtle soft sell of Renatus disguised as property walk-throughs and courthouse foreclosure auction classes.

And when you meet four different flavors and they all say the same thing it is so close to impossible to avoid that that it is probably mathematically indistinguishable. 

technically, private money is any source of money that will not be guaranteed by a government financial institution.This means that portfolio loans, hard money, self-directed IRA loans, PPMs, and mortgages from your favorite uncle are all different flavors of private money.Hard money is usually a subset of private money that is distinguished by the short loan term(e.g. 6 months to a year), relatively high interest rate, and excessive (disclaimer: my opinion) origination fees.