Title | : | If You Have $10K In A 401K - Take It Out u0026 Buy A House |
Lasting | : | 0.39 |
Date of publication | : | |
Views | : | 117 rb |
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Terrible advice lol Comment from : @vaughnpeterson4634 |
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This guy's has downs Comment from : @jdirt1982 |
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S&P500 GOOD ! Comment from : @무지개-w4h |
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For most people, this is really bad advice Comment from : @ryanpenman251 |
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Sooo, LOAN against your 401k? OR USE IT? Comment from : @suredude5291 |
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Show me more!😮 I want to start … Comment from : @josemlopez5688 |
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I’m keeping my 401K Comment from : @StreetFighter2010 |
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I own a home and have hundreds of thousands in equity I couldn’t pull money out of my house and buy another property and have that new property cash flow enough to pay for both homes, that’s not feasible in today’s market This guy must have a “get rich quick” scheme to sell you Comment from : @randombandit362 |
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Uuhhhhh what Comment from : @DaddyBuckets31 |
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Yeah and pay taxes twice! 😂brDon’t do this Comment from : @milad333333 |
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20 years agomaybenot nowthe Govt will take it faster Comment from : @ChadAdkins-hx5zz |
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This advice is expired Comment from : @jayc4715 |
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In a perfect world without squatters, properly tax, upside down mortgages, maintenance, and insurance Comment from : @Joes-Adventures71 |
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Invest in cryoto Comment from : @Anonopsful |
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I wouldn't take financial advice from a guy with blue lights in his room Comment from : @jasonellison9845 |
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Soooo much leverage… that’s a very thin margin Comment from : @veins101 |
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Man this guy must be a terrible land lord Comment from : @NZ-fo8tp |
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DO NOT DO THIS Comment from : @cheeto9 |
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Yeah don't do that Comment from : @tom4097 |
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Great advice 10-15 years ago brbrNot now Comment from : @BigAli81 |
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So you pay marginal taxes plus 10 This guy really wants retards gone broke Comment from : @jameshorton3692 |
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Narcissistic Comment from : @Sanitysaint-r2g |
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This is not true Bad advice do your own homework Comment from : @afmajor322 |
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This guy is living in the 80s with his Miami vice art deco basement Comment from : @halfunkbass2966 |
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On your primary residence - no? Comment from : @frozentundra7446 |
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Back in my day you could buy a house with pennies Comment from : @insane7718 |
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Hi, what do you mean by 401k? Can somebody please explain? Comment from : @CoolManBizzareMan |
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Lies horrible advice Comment from : @azraelscrazyclips9915 |
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This is called a self-directed 401k and you can buy an investment property within your 401k but you can’t live in the property Comment from : @vics128 |
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It works until the economy shifts and house prices drop You no longer have a job or the resources to Make the payment Exactly what happened to millions in 2008! Comment from : @amichel608 |
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Loooool Comment from : @ELCybermatador |
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refinance? lol biden is killing us in intrest rates! Comment from : @customhookah7489 |
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This sounds amazing but how old is this video? I do real estate in New Jersey and New York and at the moment barely anybody is accepting FHA‘s right now unless it’s a highly undesirable home you’re going to get hit from Uncle Sam through your 401(k) and possibly come tax time On paper that sounds like a great idea but it’s not even doable Comment from : @MoeToOFFeR |
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This reminds me of borrowing from Paul to pay Steve except it’s next level with banks Dig yourself deeper and deeper in hopes that the housing market never crashes I may be wrong tho Comment from : @cascade7606 |
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Who is paying the mortgage on the second home ?? Comment from : @andrewmiller9207 |
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I did that and at the end the year I was hit with a large payment to the IRS I even asked my tax guy if that was true and he said no 😂 Comment from : @mauri3591 |
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