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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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HomeForumsReal Estate News & Current Events401k withdraw & the Coronavirus
James Davidson's profile image
James Davidson's profile image
James Davidson
  • Investor
  • from Gwinnett County, GA
  • Member since Nov 11, 2017
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James Davidson's profile image
James Davidson's profile image
James Davidson
  • Investor
  • from Gwinnett County, GA
  • Member since Nov 11, 2017
Connect
James Davidson
  • Investor
  • Gwinnett County, GA
1
Votes |
7
Posts
Real Estate News & Current Events

401k withdraw & the Coronavirus

James Davidson
  • Investor
  • Gwinnett County, GA
Posted Apr 14 2020, 17:23

With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. What thoughts do you guys hav on this?

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