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re: Would it ever be ok to tap into 401k for a first time home purchase?

Posted on 10/29/15 at 3:53 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50384 posts
Posted on 10/29/15 at 3:53 pm to
quote:

you can get a house for 5% down...if you can't say 5% you don't need a house
This is such a "i live in a part of the country where housing is cheap" line.


No its not. If you live in SF or NYC and you can't put down 5% then you don't need a house either.
Posted by lsupride87
Member since Dec 2007
96782 posts
Posted on 10/30/15 at 7:21 am to
quote:

No its not. If you live in SF or NYC and you can't put down 5% then you don't need a house either.
This board needs to get out of its bubble every now and then. The never wavering rules you blowhards have are retarded
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