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Creative Real Estate Financing

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Nicholas Broussard
  • Real Estate Investor
  • League City, TX
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7
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401k Rollover Options

Nicholas Broussard
  • Real Estate Investor
  • League City, TX
Posted Mar 3 2015, 08:26

Folks,

Are there any other options for utilizing my 401k besides a SD-IRA?

Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to consider staying afloat with my own bills (I need liquid reserves). So I understand the SD-IRA can finance deals, but the funds and the returns on those deals have to go back into the IRA. I need income from my deals, so I'm wondering what else is available to use 401k funds besides cashing it in.

Thanks,

Nick 

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