Jonathan asked if it’s possible to use his 401k funds to buy real estate investments. If so, should he do it? Click play to hear my thoughts.

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How to Use Your 401k to Buy Real Estate
You can certainly buy your 401k to buy rental real estate. I know this, because I’ve done it before! While I can’t give you advice on whether or not this is the right choice for you, it’s definitely an option to consider. Please note that there is a difference between withdrawing and taking a loan from your account. When you withdraw from your retirement, the IRS will slam you with a large fee. However, if you are able to take a loan, you can pay it back through your payroll. This can be a great option because you’re essentially borrowing money from yourself and then paying back the interest to yourself!
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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