Skip to content
Creative Real Estate Financing

User Stats

124
Posts
35
Votes
David Stefanovic
  • Investor
  • Inverness, IL
35
Votes |
124
Posts

Using 401k to pay off Debt on Investment Properties

David Stefanovic
  • Investor
  • Inverness, IL
Posted May 23 2015, 08:42

I always thought it would be great if I could take out what I have saved in my 401k and pension plan through my employer and use the proceeds to pay off all my mortgage debt on my investment properties now, as I look at this as my future retirement fund. Just looking for peoples thoughts on this, pros and cons. Is there any creative ways around doing this or even possible to do without any early withdrawal or tax penalties?

Loading replies...