Borrow against 401K vs Hard Money
My current hard money situation is pretty good due to the relationship we have created. I only pay 1 point plus 12% interest only payments. Then I refinance and pay him off, usually 3-5 months,
I am thinking of rolling my SEP into a self directed IRA to barrow 50K at 4-5% based on what I have read. To me this seems like a no brainier. Is there anything I am missing or am I saving 6-7%, I am still not sure about double tax I have been reading about from borrowing against 401K