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Updated over 2 years ago on . Most recent reply

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Ryan Boyce
  • Bronx, NY
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How do switch my employee 401K, to invest in real estate

Ryan Boyce
  • Bronx, NY
Posted

I'm looking for guidance on how to use my 401 K to invest

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,269
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17,873
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Grayson Spittel,

It might work in some cases and this strategy is certainly not for everyone. Essentially you are using 100% financing, you are borrowing down payment from the 401k. The main thing to keep in mind that this is a loan amortized over 5 years so your loan repayments will be really high, which creates cashflow issues. 

  • Dmitriy Fomichenko
  • (949) 228-9393
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