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Buying & Selling Real Estate

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Gene Ferriter
  • Investor
  • Knoxville TN
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18
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Using collateral for downpayment instead of cash

Gene Ferriter
  • Investor
  • Knoxville TN
Posted Apr 27 2015, 18:10

I am looking to buy a property that will need 20%-25% down. I would like to leverage my IRA as collateral for a down payment instead of using my own cash, home equity loan or refinancing a rental. Has anyone ever did this? Is it hard? Is there any banks in particular that offers this as a down payment?

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