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Updated almost 7 years ago, 03/05/2018

User Stats

3
Posts
0
Votes
Nick C.
  • Hendersonville, TN
0
Votes |
3
Posts

Tap my IRA for RE Investment?

Nick C.
  • Hendersonville, TN
Posted

Should I pull out a portion of my IRA balance to purchase RE? I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor). He advises against it. However, I think I can grow this substantially more through RE than I can by leaving it in the IRA. Also, I'm interested in withdrawing more than the non penalized amount and taking the hit for early withdrawal, as again, I feel that I myself can produce better returns on the money. I appreciate any feedback. Thank you.

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