First time home buyer/investment - IRA

[Garry McMichael]

BP Community! 

So I am in the midst of searching for my first real estate investment and plan to use an FHA loan to put as low as 3.5% down to house hack- I would like to know your opinions on the following financing options for down payment and closing costs:

1. Taking a significant amount out of my IRA for the down payment

     - I know that i am able to withdraw up to 10k without being hit with the withdrawal penalty, but would like to see if anyone has been down this route. 

2. Using a 0.0% APR for 15 months credit card towards closing costs.

- I am trying to utilize as many financing options as possible so I do not deplete my cash reserves. 

I would be more than appreciative for any responses or advice. Thank you and I welcome any responses!

Garry McMichael