4 years later Using 401K loan for down payment #realestate #investing #buildwealth #lendingtips

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Join me on a reflective journey, four years after strategically utilizing a 401K loan for a down payment in real estate. Learn about the calculated decisions I made, focusing on financial commitments I knew I could handle. Discover the wisdom behind my multi-family purchase, where I live in part of it and rent out the rest—effectively offsetting monthly costs and mitigating risks. In this video, I share valuable insights on the importance of tapping into retirement funds responsibly, emphasizing that such moves should be driven by investment purposes rather than impulsive desires. Don't just use credit for the sake of it; ensure it aligns with building a meaningful investment and generating a positive return. Join me in unraveling the complexities of real estate, investing, and wealth-building. #401KLoan #RealEstateInvesting #FinancialWisdom I wouldn't be here without the wisdom that God placed on me over the years. Jesus has done so much for us in his short time in his physical body on earth with very little resources. With discipline we can continue the great work using the resources and wisdom he gives us. "For God has not given us a spirit of fear and timidity, but of power, love, and self-discipline." (NLT, 2 Timothy 1:7) You can check us out https://hustle.luxtreaux.com/ Any questions email me hustle@luxtreaux.com or message me on instagram @yarleygmusic