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Updated over 10 years ago,

User Stats

80
Posts
10
Votes
Brian Campbell
  • Teacher/Real Estate Investor
  • Mason City, IA
10
Votes |
80
Posts

Using 403B and Roth IRA Money

Brian Campbell
  • Teacher/Real Estate Investor
  • Mason City, IA
Posted

Is it possible to move money from a Roth IRA and a 403B account into an investment property without early withdraw or tax penalties? I have around 15K in several different funds that I believe would serve us much better if they were used to help us purchase more properties. I have a small rental that I could pay off with this money. I've had two bankers tell me that I could use a free and clear property for leverage for additional loans. Banks financing our deals at this point seems to be the most cost effective route to go. Maybe we'll find a private lender or hard money lender at some point but right now, we don't have any kind of relationship with any other lender.

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