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Updated almost 6 years ago,
Mortgage #5 and beyond
Hi BP,
I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP. For example, If I needed 50k in piti reserves, would the ability to take a 50k loan from my TSP suffice or would I need that money to actually be in a checking/saving account? Also looking at for any other experiences or tips with mortgage 5 and beyond.