Use 401K/IRA for a real estate purchase?
Hello. I am looking to buy land (not for primary residence) and I heard that you can use a 401K or IRA (or similar) to purchase real estate, or else loan yourself money from the 401K, or something to that effect. Is this a suitable method for investing in land (long term investment)?
If not, are there better ways to raise the cash for this type of thing, or is a land loan just the way to go? Please let me know. Thanks.