Another forum member asked what everyone thought of taking money out of a 401K to invest in RE.
I know it's a heated topic but my answer is below.  Tell me what you think.

"It can work well:
Is it a good idea? I...

Please be sure to post back here with the progress and turn out.

They did not think the lots would support another house, but would support an ADU.This is the direction I am now pursuing, and am pretty exited about it.If things progress, I will be having these ADUs built from scratch.

They did not think the lots would support another house, but would support an ADU.This is the direction I am now pursuing, and am pretty exited about it.If things progress, I will be having these ADUs built from scratch.

I’m glad it worked out for you, still a working progress here.

This neighborhood is in the ‘path of progress’ as gentrification moves east. 

It was an efficient way to end the partnership, no hard feelings on either side, which made it a good deal for me anyway.The neighborhood never really progressed in price the way most of Raleigh or Cary did, or like we expected it would in '07.

Just make sure to have your attorney look over the paperwork.Great job, you are making progress.

Personally I would've cut rent while work was in progress.

I'm out of state and would like to check progress using Buildertrend.com or similar services.