Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Brian K.
  • Southgate, MI
1
Votes |
9
Posts

previous employer 401k

Brian K.
  • Southgate, MI
Posted

what would the best way to invest money from previous employer 401k so that I could use it in REI

Most Popular Reply

User Stats

21
Posts
13
Votes
Vanessa Pham
  • Anaheim, CA
13
Votes |
21
Posts
Vanessa Pham
  • Anaheim, CA
Replied

@Brian K.

Since the 401(k) is with a previous employer, you can roll it over into a self-directed IRA or Roth IRA. Then you can use the funds to invest in real estate, or almost any type of investment.

If you are self-employed, you can also consider the self-directed Solo 401(k) plan option. This gives you higher contribution limits, loan option, and the ability to use non-recourse financing tax-free. There are many topics on BP about both the self-directed IRA and Solo 401(k), you can do a quick search and see what others recommend.

Loading replies...