Updated almost 3 years ago on .
Most recent reply
presented by

Rollover Business Startup Loan (ROBS) to fund RE Investment
Hello All,
Our fix and flip business has had a lot of success and I am getting ready to quit my W2. Very exciting to get to this stage but it raises a few finance questions. I would ideally like to tap into my 403b to fund fix and flip projects without triggering major tax consequences. I have done some reading on the Rollover Business Startup (ROBS) program and have spoken to a few companies who are confident that I can do so. My accountant who is excellent has some reservations and I am meeting with her to discuss further.
Has anyone used this program to fund a real estate investment business? Do any anyone on this forum have experience with these programs?
The more information I have before meeting my accountant, the better.
Thank you!