If you’re thinking about using your 401k to invest in real estate, this video will help enlighten you. I explain to you where 401k came from and my personal experience through interviewing tons of people on why 401k is just never enough to create a financial freedom like real estate can. Stay tuned if you want to know the three ways you can use 401k for real estate investment.
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms….(read more)
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Withdraw 70,000ish 401k or take $35,000 loan with roughly 800/mo repayment to go after brrrr rental investments?
If Andrew Yang wins, real estate will boom!
You shouldn't thinking about foolish thing like that….leave 401K alone, just buy S&P500 index and be done with it.
Take me under you wing Mr. Krohn to see if this works I’ll leave a stable mid six figure income and live in a van/tent whatever. Would like to have your status.
When you sell the house are you paying taxes??
Notification gang! Thank you in advance