Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

96
Posts
26
Votes
Youdo Thirakul
  • Anchorage, AK
26
Votes |
96
Posts

How to Use a friend's ROTH IRA

Youdo Thirakul
  • Anchorage, AK
Posted

I just finishing listening to today podcast about getting private money using their ROTH IRA. Can anyone give me a little more info of how to do this? From what the podcast was saying there's a lot of upside, like tax free and compound interest. Is there any cons? I want to do a fix and flip on SFH and looking for ways to get private money, lending from someone ROTH IRA sound like it would benefit both me and the person. Would they take it out like a home loan, give it to me to put it on a promissory note, and once the house if flip, i would just sell it back to them? And can we do more then one ROTH IRA on one house? Sorry for all the questions, i just want to get as much info as i can since all this is new to me.

Loading replies...