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Stephen Spradley
  • Fort Collins, CO
69
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110
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Thoughts on a down payment utilizing funds from a 401K?

Stephen Spradley
  • Fort Collins, CO
Posted Nov 24 2020, 12:34

Is it possible to use funds from your 401K as a down payment on a rental? If so, is it wise? With the median home price in my market above 400K, even saving up enough for a 3% down loan would take a lot of time on my income.