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Updated over 6 years ago on . Most recent reply

Tom McCaffrey's profile image
Tom McCaffrey's profile image
Tom McCaffrey
  • Member since Sep 24, 2019

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Tom McCaffrey's profile image
Tom McCaffrey's profile image
Tom McCaffrey
  • Member since Sep 24, 2019
Tom McCaffrey
0
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4
Posts
Starting Out

funds for a downpayment

Tom McCaffrey
Posted

I am anxious to get into rental properties. I will have to wait another 5 years to deduct from my IRA without penalty. Since a hard money loan would require a high % of interest I was thinking of taking funds early from the IRA to get in the game now! Any thoughts? Thanks

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