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Showing posts with the label 401kloanforhomepurchase

Why Investing in Two Rental Properties Outperforms a 401k Plan for Retirement

Having a 401k plan for your retirement is good but you have no control of it so, I got the thinking I say having two rental properties is a saver bet. You have control of your property not like your 401k where you just hope everything goes well your rental properties pays you and it goes up in value and when your done paying it off it still pays you and you can sell it for more than you have in your 401k. #retirement #401k #rental#properties... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing How Two Rental Properties Are Better For Your Retirement Than A 401k plan When it comes to planning for retirement, most people a

Utilizing a 401K for House Purchase: A Guide for 2023

How to use a 401K to BUY a house 🏡 [2022] - Are you in the market to buy your first home or maybe buy your first investment property and are looking for creative ways to come up with a down payment? In today's video, I tackle the benefits of how and who should leverage their 401K retirement plan to put towards a down payment to purchase or invest in real estate. You don't have to be interested in only buying a home as a primary residence, it could be to obtain your first real estate investment property. There's many upsides you will learn in this video and the biggest benefits of the 401K plan. Here are some you'll find: Avoiding costly and pricey mortgage insurance premiums that are usually associated with the FHA loan or most other type loans that do not fall under the conventional financing. Conventional financing is usually anywhere from 15% down or more, and of course every situation is different depending on the lending institution, but this