should i cash in 401k money to buy real estate
My wife and I currently have 2.5 million in single family real estate. we are wanting to buy the land, build the building, and open a fast food franchise.
My question is should we use our old 401k plans. is taking the penalty of 10% worth it. we currently have 450k in 401ks. we can offset the income with our FFE purchase.
Thoughts?