Quote from @Dan K.

Like maybe get to 60 K in savings .

**FHA 203(k) Loan**: This loan allows you to finance both the purchase and renovation of a property in one mortgage.

My guy @Michael K Gallagher is in that area and same with @Jeff Long...are guys at all familiar with this Mafia?

They are the one advising her to switch from 401(k) to RE and she agrees as she doesn't believe stocks are going to get her to retirement at this point.

Anne, I will speak to your question with respect to borrowing against the 401(k).

In some cases, you will find UBIT is wiped out by depreciation, you may even show net losses on the K-1, which can be carried forward to offset future gains.

So in the future before you get on here and prove yourself to the arrogant know it all that you are displaying yourself to be maybe take a second to realize that you do not have all the information and are making assumptions about me and how I run my business.  

Investing through a solo 401(k) is a smart move.

It was amusing to see her realize that her rental properties were outperforming the 401(k) she had through her job at the law firm.