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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 10:09 pm to
Posted by lynxcat
Member since Jan 2008
24265 posts
Posted on 10/29/15 at 10:09 pm to
quote:



This is such a "i live in a part of the country where housing is cheap" line.


BS. An $800,000 house with 5% down is only $40,000. If you can't raise that for a down-payment then you don't need to buy a house.
Posted by lsupride87
Member since Dec 2007
96779 posts
Posted on 10/30/15 at 7:21 am to
quote:



BS. An $800,000 house with 5% down is only $40,000. If you can't raise that for a down-payment then you don't need to buy a house.
once again, such a stupid statement
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