Question: I found what appears to be the perfect home to meet my specifications, but it is listed only as accepting cash offers. It is a fixer, but not in need of substantial structural repair. Is there any way to pursue such a home when I would need a loan to buy?
It’s not a sin to pull money from your 401K, but whether you decide to put down more cash to avoid mortgage insurance is entirely up to you. Here’s some information to help you decide.