Pulling Money Out of 401k - For Real Estate

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Information Pulling Money Out of 401k - For Real Estate

Title	:	Pulling Money Out of 401k - For Real Estate
Lasting	:	11.19
Date of publication	:
Views	:	40 rb

Why they dont allow me to get a loan against my 401k ?
Comment from : NeniComixTV

How do we work with you guys?
Comment from : JimG

As a first time homeowner would they tax me less off my 401k to buy a house ?
Comment from : Joel Hernandez

Come on now, interesting topic but no sane person is making 3-4 on their 401k
Comment from : beachcologne

What about the people that Just want to get started? Pull enough out for a FHA Loan 35 Down on a multi-Family 🤷🏽‍♂️🤷🏽‍♂️ ?
Comment from : Jose Ramos

another Utah Prick Why did YouTube recommend this guy to me?
Comment from : Jalen Oluwusi

I subscribed at 500,000 Let's see how big this thing gets
Comment from : At The Job Office Music

I've heard this strategy works pretty darn well Thanks for this video, it's very helpful!
Comment from : Texas Discount Land

The link in the top right of the screen isn't working
Comment from : Julian Hunt

the market averages 10what's up with the blatant lie?
Comment from : Andrew Cogger

The S&P 500 has been around since the 1920’s averaging close to 10 return U can invest in an index fund for about 1/2 of one percent fee How do u come up with 3 to 4 percent return brbrI personally invest both in real estate and an employer matched 401k I’ve gone thru the dot com bubble, 911 terror attacks, Great Recession of 2008 and have been making more than 10 in the market
Comment from : Elsancho 1

Since an owner it's not allowed to maintain or manage their own investment property when they purchase it with a self-directed Roth IRA do the same restrictions apply to investment property that is purchased with a self-directed regular IRA?
Comment from : AD B

I own a primary residence right now 946 monthly will rent for 1700 a month and I’m looking to purchase another home for 1764 a month and I will have the entire mortgage covered by Roomate’s and the income from my rental I need 22k for the downpayment do you suggest I borrow from my 401k as a loan to put down on my second home which will be my new primary residence?brbrI currently have 82k in my 401k at 34 years old and own my current home on a VA loan at 3375 the new loan for my new primary residence will be a 30 year fixed VA as well at 299
Comment from : Yolo

Seems like a great way to diversify maybe foreign property? Vacation rentals? Not affected by US markets
Comment from : fernando Robledo

I love the enthusiasm so much I only got 40k in mine but u got me thinking about this Maybe I should wait til I have 100k or until the magic real estate fairy provides a duplex property is what Im hearing
Comment from : Say Says Kitchen

Hahaha I lv this guy Sbd!😉
Comment from : Chuma Doshi

Why take it out with penalties? Just do a loan
Comment from : Denver Mills

I’m pulling my 401K out to invest period
Comment from : Open Audio

Why non just borrow from your 401k and avoid all taxes penalties,they allow you to borrow from your account up to 50 of all vested balance and you pay yourself back monthly
Comment from : E S

I feel like I’m getting jacked I mean I know it’s round about number but most videos Ive watched like this and they all start with the 100k number I’ve been with my job for 2 year and only have right at 7k I mean should I even be thinking about something like this or should I be closer to 20k
Comment from : Allen Banks

In California, you can only withdraw up to 50,000 or no more than 50 of your 401(k) balance?
Comment from : Mac Colc

I would love some guidance on how to use my 401k and equity in my own home to acquire more rentals
Comment from : Matt Torres

You guys use lease options only for single family houses? What about multi-family houses?
Comment from : actorargelis123

The best things about real estate is cash flow Why do you need a boat load of money when you're almost dead You don't You need a steady cash flow all your life It's the reason we work I bought an investment house for $63K I spent about 15K in repairs It now rents for $1450 and it's worth 130K Taxes and insurance are $2K I should have all my money back in 5 years, so beyond that is all profit plus I own the house
Comment from : Joe Schmoe

Uhthere’s no penalty on a loan Average ROR in the market is 8 YOY brbrWe get it, real estate can make you money but it can also make you go bust just as badly as a poor stock market investment Due diligence is required regardless of where one puts their money
Comment from : Jepeps

I'm glad I only put $8,000 into my 401K before I noticed that it was a scam, I wish I knew it from the start but it could have been worse
Comment from : WiseSilverWolf

Amazing, insightful video as usual! Thanks for the knowledge
Comment from : daisyconsuelo

Or better yet, don't put your money into a 401k in the first place Sorry I just had to be that guy! :-) Thanks for the vid
Comment from : Jon the Roofer

our market in alabama isnt a boom or bust market our house didnt drop in value much but is rising now Rentals in Birmingham in good areas are like gold and rent quickly I fully believe in buying rental property over stocks If you are passive and dont want to buy rentals, invest in reits medical properties trust is actually a great reit that is based in birmingham and has good returns
Comment from : Adam Berendt

Love the videos and the consistency in messaging about 401Ks, IRAs and other savings-based retirement plans A related question on the mortgage pre-approval process: if I plan to use the 401k to purchase a future property, do I need the pull the money out and season it a few months in a bank account to have it count towards a mortgage pre-approval?
Comment from : Josh Brekke