Pull retirement for RE investing?

[Benjamin Voorhis]

My wife and I own a couple rentals, my partner and I own a few rentals as well. We are BRRRR ing our first property and I really like the strategy. I’m curious how people here felt about pulling from retirement accounts to dump into real estate? I know all the penalties and tax issues, I still think it’s worth it in the long run but was wondering other people ideas on it.

[Dmitriy Fomichenko]

@Nik Moushon thank you for the mention!

@Benjamin Voorhis I completely agree with Nik, taking early distribution (which might cost you as much as 50% of the amount you pull out) would be unwise. Instead you can convert your retirement into self-directed IRA or truly self-directed Solo 401k plan (if you qualify) and have total control how those funds are invested. You can invest in alternative assets such as real estate, private lending, private companies, syndications and so much more, while enjoying tax-deferred growth of your wealth.