Downpayment with ERSA (Employee Retirement Savings) account

[Tom Henderson]

Hey,

I'm curious if anyone has leveraged an ERSA account as a downpayment on an investment property? A buddy of mine recently did this, and I'm curious about the tax implications?

http://www.403bwise.com/features/ersafaqs.html

Appreciate any advice/thoughts/questions.

Cheers,

Tom