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Updated about 8 years ago on . Most recent reply

Vincent Townsend's profile image
Vincent Townsend's profile image
Vincent Townsend
  • from Kuna, ID
  • Member since Nov 10, 2016
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Vincent Townsend's profile image
Vincent Townsend's profile image
Vincent Townsend
  • from Kuna, ID
  • Member since Nov 10, 2016
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Vincent Townsend
  • Kuna, ID
29
Votes |
40
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Buying & Selling Real Estate

Hi Bigger Pockets!!! Quick question about an IRA.

Vincent Townsend
  • Kuna, ID
Posted

Hi all,

As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can someone please guide me on the steps required. I'm super pumped because this is going to help fund my first deal.

THANK YOU ALL!!!

-Vince Townsend

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Scott Weaner's profile image
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Scott Weaner
  • Rental Property Investor
  • from Yardley, PA
  • Member since Jan 5, 2008
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Scott Weaner's profile image
Scott Weaner's profile image
Scott Weaner
  • Rental Property Investor
  • from Yardley, PA
  • Member since Jan 5, 2008
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
Replied

You could use a self-directed IRA to invest in Real Estate.

See THIS

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