✅ Buying A House? ✅ Some people don’t know that they can use their 401k retirement money to invest in real estate. I’ll tell you if it’s worth it or not
Should you or shouldn’t you use the money in your 401k to buy a house? Whether is it for you to use as a primary residence or as an investment property. We’re going to analyze the steps that you could take, what not to do in your 401K, and study different scenarios to see if using it for real estate is really worth it.
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– 15 Vs. 30 Year Mortgage – Which is Better To Help You Save Money When Purchasing A House? 👉
– Why Was Your Mortgage Denied? 👉
– Cash Out Refi vs. HELOC | Explained 👉
– How To Buy A House With Money You Didn’t Know You Had? 👉
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⏰ TIMESTAMPS
0:00 Buying A House With Your Retirement 401K Money, Is It Worth It?
0:52 How To Take Money Out Of A 401k?
1:54 How Do You Take A Loan From Your 401K?
3:47 How To Leverage Your 401k As A Homeowner?
4:58 How To Leverage Your 401k As An Investor?
7:32 How To Make The Most Out Of Your Retirement Money?
📄 DISCLAIMER
***DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL AND ILLUSTRATIONAL PURPOSES BASED ON THE INDIVIDUAL EXPERIENCES OF THE PRESENTER. EVERY SITUATION IS DIFFERENT AND YOUR RESULTS MAY DIFFER. YOU SHOULD ANALYZE THE RISKS ACCORDINGLY BEFORE PROCEEDING TO TAKE ACTION***
#NovariseInvest #RealEstate #Investing…(read more)
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Thanks for sharing your thoughts, Novarise.
Thanks
in 2010, I brought 70 acres of land in Ohio for $14,000 with mineral rights conveyance. I was able to sell the timber on the land for $17,000 and contacted a natural gas company that was interested in doing natural gas exploration. I signed a 5-year renewable lease with the fueling company and they paid me a deposit of $120k and I earn royalties averaging around $3,500 a month (that fluctuates with gas prices). With the capital I receive from the timber and the deposit from the natural gas company, I was able to put down a deposit on a home and the royalties pay for my mortgage. Now I have equity in my house and 70 acres of land.
These investment are only bound to make slow profit returns in the current market, I've come across a few blogs mentioning investors that generated profit of up to $450,000 in 3months and I'm eager to know what/how I can make such lucrative profit
Novarise!!!!
Awesome video!
Hi, can a rental property be purchased with hard money, if so, what type of strategy?
A $32,000 profit sent to my portfolio each week, mrs Marni Lynn Menden is amazing.
Let say if I took a $200k from my 401K and bought a house , how to pay off the loan within 3-5yrs?
My life has totally changed since I started an investment of $6,000 and now earning over $19,000…
Eggplants are berries.