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Updated over 7 years ago on . Most recent reply

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Bob Edwards
  • Windham, ME
0
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Can I And How To Use a SIMPLE IRA In Real Estate Investing

Bob Edwards
  • Windham, ME
Posted

Hi my name is Bob from Maine , im new to real estate investing. I have been doing alot of studying for the past 6 months, following all of Robert Kiyosaki stuff. I have worked the same full time job for 16 years at a lumber mill and want out of the rat race! I have poor credit from going through bankrupcy about 10 years ago and havent really done anything to fix it. And cant seem to save money. I do have a Simple IRA with the company I work for , its not alot $8000 I think, Is there a way that I can use this as some kind of a down payment towards my first rental property and then get a private invester for the rest? And if so how do I go about doing so ? Thanks Bob

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