Updated over 8 years ago on . Most recent reply
401k
Morning people! Can anyone tell me the pros and cons about withdrawing from 401k to make a home purchase?
Most Popular Reply
I use my 401K to buy my second investment property, it's pretty simple ... you can take 50%, and if it's an investment property, it has to be paid back within 5-years. If it's a primary residence, I believe it's 10 years. They mailed me the check within a week, very simple and easy!