@oh.gaylord_: If you have a 401K, stop scrolling — you need to hear this. 👀 Most people say, “Don’t touch your retirement,” but buying a home can be part of your retirement plan. You can pull $10,000 from your 401K with zero penalty when it’s used for a home purchase — and even if you take out more, you’re moving that money into another asset that grows. 🏡📈 If your home appreciates $250K (and you're single), you pay zero tax on that gain. You’re not raiding your retirement — you’re reallocating it. #BillGaylord #MortgageTips #401K #HomeBuying101 #RealEstateEducation #FinanceTok #WealthBuilding #TaxStrategy

maskew_99 :

You should ask for your money back, if your in this class

Ben :

Does the 10k rule only apply to a first home ?

Patrick :

In today’s market, this is no longer good advice. Most markets are stagnating. Some dropping because home prices finally reached the peak of what people can afford. Long term demographics have the potential to hurt prices as well. The overall economy has more long term potential in my opinion.

MomLifeUnfiltered :

I agree you can make way more in the amount of time in real estate

user8398115108780 :

In some cases , you gain more $$ in a home.

Ronnie :

Imagine if they allowed $50k instead of $10k to buy a house? Or even more.I think home buying would go up big.It would make it easy to buy.Less mortgage to owe.People would be in there 60s and don’t want expenses

Chrissy :

I brought all 3 of my investment properties with my 401k

L0z :

homeboy asleep at the end of table

Dirk Ziggler :

unless its new york or los Angeles, rent. dont waste ur money on a home purchase. you will make more leaving ur money in the 401k

Alexander Gonzal1256 :

Applies to IRA’s also?

Luis Torres :

I did 10 years ago I porches my house for $200 now it’s worth $400 great investment for me thanks to my 401k

Eric Aguilar 19 :

where can I find out about more information on this

danydith :

The best way to have 401k

InaMetoo :

$10K only covers the cost of loan, appraisal and title insurance. Also price of homes don't go up like it used to in early 2000.

Cc11672 :

codymemerson :

That’s not true. You can take $10,000 from your IRA penalty free, not your 401(k). The amount is still taxable, but not penalized.

PapaT :

Terrible advice

S cat :

❤❤❤

Eric Datu :

😳😳😳

Chef509_ :

😂😂😂

Teresa Parvini :

😁😁😁

Oscar L. :

😳😳😳

Popsie :

🥰🥰🥰

ElManyacko :

Agreed