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Updated about 9 years ago on . Most recent reply
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Use Your IRA $$ to Make MORE
Merry Christmas weekend all. I've been reading about lots of "creative" ways to buy properties.
Credit Cards seems to be a big one, and yes they do work and I have used them to purchase one home.
My favorite technique, which can only be used once per calendar year, is the 60 day no penalty loan from your IRA. I have purchased two homes using this creative technique and made a minimun of 30% on my money each time. A heck more than if I'd left it in the stock market.
Like the CC technique, this technique must be well planned ; if you are late returning the "loan" the IRS will be taking a lot of money from you.
Enjoy the weekend.