Episodes

Thursday Aug 08, 2024
Should I Borrow From My 401(k) to Avoid High Interest Rates on a Mortgage?
Thursday Aug 08, 2024
Thursday Aug 08, 2024
A thoughtful investor wants to know what Paul thinks about borrowing from his 401(k) and using a HELOC on his home to purchase an investment property. The investor is curious if taking advantage of these options would be favorable to paying a high mortgage interest rate. Listen along as Paul explains why there are penalties on 401(k)s, what a HELOC is, and what this investor should consider about this strategy before making a decision.
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