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Is it a bad idea to get a 401k loan to buy property abroad (in EU)?
Is it a bad idea to get a 401k loan to buy property abroad (in EU)? Is it a bad idea to get a 401k loan to buy property abroad (in EU)? I’m considering getting a loan from my 401k to use it as down payment to buy property in a EU country I know well and rent it out. Bad idea? I think I can get more than 15% annually (better than my 401k returns).
submitted by /u/pmac881
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