Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
I’m thinking about borrowing 20k from my 401k to get started. Is this a smart idea?
I understand that there is a way to roll over funds from a 401K into a IRA; self directed I think.Has anyone done that? I hate to see all that money there and not being able to fully use all of it as a line of credit ...
I'm looking to leave my W2 job at some point soon and need to roll over my 401k to an SD IRA or Solo 401k. I'm a pro member and see a few different ones on BP, which ones do you BPers recommend if I want to continue p...
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We're just starting out, and I'm considering using a 401k loan to help buy BRRRR properties. We'd be paying it back within a few months once we refinance. There's obviously some risk. And we'd bringing some of our own...
Hi guys! I have a good amount of money from my 401k from my previous employer. I didn't do anything to it once I left my job back in 2020 so its just sitting in my account. I would like to cash it out and use the fund...
How does using your 401K work? What types of forms are needed? What is the process like? What might be some consequences of this? I really want to get started investing in my first property. I'm looking for creative f...
I am going to take a loan of $25,000 out of my 401k for a house hack. My wife’s student loan is an income based repayment plan. As I pay my 401k loan back, will this in anyway help lower the loan payment?