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Anthony Espinal
  • Real Estate Agent
  • Yonkers, NY
11
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46
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Cashing out stocks to fund RE journey

Anthony Espinal
  • Real Estate Agent
  • Yonkers, NY
Posted Oct 14 2019, 05:33

I’ve been fortunate and blessed to have been employed by a company who has employee stock options over the last 10+ years. Admittedly, I had no idea what I was doing, set my “contribution” to 10% and never thought about it. Right now I’m looking at a large sum that I can’t help to think would be better served in the RE market.

Would cashing out be a good idea? It’s a big chunk of change that I’d be able to use to buy several properties. I also have a smaller amount in a 401k. Would a loan against the 401k be a better idea?

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