Oct 23 • SDIRA Expert QA
Question
I purchased and renovated a property via my self-directed 401k. The plan was to get a nonrecourse loan to cash out refi and rinse and repeat. I’ve run into a little difficulty because of the mortgage fraud that has hit Baltimore and Philly. Lenders are backing out of funding both cities right now. What other options do I have to get cash out of the property and back into my 401K to rinse and repeat?
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