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Real Estate Deal Analysis & Advice

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Eunice Gonzalez
  • Woodland Hills, CA
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mortgage forebearance & withdrawing from your 403B/retirement

Eunice Gonzalez
  • Woodland Hills, CA
Posted Nov 17 2020, 00:21
Hello! With the covid19 pandemic, mortgage forbearance is allowed as well as withdrawing up to $100k from your retirement. My question is, do you think that is a financially sound idea? To leverage more so you can put a down payment on another property? Are there any downsides to this? I do understand you will get taxed more when withdrawing from retirement. Any advise, tips, thoughts are greatly appreciated!