401k Loans - Worth It?

[Anthony Simboli]

Hey BP!

Looking to see if anyone has experience taking a loan from their 401k to finance rehab costs on their rental property. I have a strong 401k and plan to repay the loan as quickly as possible. I would need to fund the project fairly quickly and estimates are around 4-6 weeks for the project duration and will likely be paying in 4 25% installments.

For those with experience, could you provide some pros and cons with what you've seen. 

Thanks in advance!