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Updated over 10 years ago on . Most recent reply

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Angela Palmer
  • Homeowner
  • Franklin, IN
0
Votes |
4
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Funds to get started

Angela Palmer
  • Homeowner
  • Franklin, IN
Posted

We are considering cashing in an IRA account to have funds to make our first purchase. We thought we would throw this thought out to BP to see what thoughts the experienced might have...

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133
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Ken Badziak
  • Miami Lakes, FL
83
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133
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Ken Badziak
  • Miami Lakes, FL
Replied

You might want to take a look as transferring your money into a self directed IRA. You can use the funds that way to find your transactions, without taking the withdrawal penalty.

There are some stipulations involved, but take a look at the iPlan Group or another similar source. They have the answers to the questions you seek.

https://www.iplangroup.com/asset-types/real-estate-investing/

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