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Updated about 2 months ago, 10/11/2024

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94
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59
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Tanya Maslach
Pro Member
59
Votes |
94
Posts

Using an IRA for downpayment funds?

Tanya Maslach
Pro Member
Posted

This may not be a "creative RE Financing" topic - so please forgive me!

I'm just starting out to build my portfolio -- (I have a SFH that is LT rental and have done that kind of thing for years...but moving on into more multi family, and more RE properties each year).

Can I take money out of my traditional IRA account to use for a downpayment?
What are the implications of doing so?

Thank you for offering your advice on this.
Tanya

  • Tanya Maslach
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