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Updated over 4 years ago on . Most recent reply

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3
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Jason Trotter
  • New to Real Estate
  • Chesapeake, VA
0
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3
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Using Roth IRA to purchase first BRRRR property

Jason Trotter
  • New to Real Estate
  • Chesapeake, VA
Posted

Hello all, I hope this post finds you well. 

I'm a totally newbie and am currently obsessed with the idea of investing in BRRRR properties.

I have very little liquid cash but have $40k+ in a Roth IRA. Am I able to tap into this capital to purchase my first BRRRR property? I've done a little research on the matter already and am confused by what I have found. Also, I've already obtained a mortgage for my primary residence.

Thanks in advance!

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