I'm brand new. Just starting to learn. Has anyone used Rollovers for Business Start-ups (ROBS), also known as 401(k) business financing, to get money from your 401K or IRA to fund your new business venture in real estate investing?
Cincinnati, OH · Member since 2017 · 1 post · 0 votes
1y
In theory, if I understand the process correctly, you should be able to do so. Did you successfully understand if it's possible and what the potential drawbacks are? I assume the drawbacks are legal fees to set it up and ensure it's managed without incuring penalties.