Which money should I use?
I have a deal that requires 36k down. I don’t want to exhaust all my savings and have a potential investor who would give me the whole amount for 8% annualized. Cash flow is around $500 a month.
I could also borrow all of it out of my 401k. Laying it back would eat all of the cash flow for 5 years, but I don’t need the cash flow at the moment.
It would be nice, but it’s not necessary.
Anyone have any thoughts?