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Updated over 6 years ago,

User Stats

12
Posts
3
Votes
Stephen Menke
  • Accountant
  • Jacksonville, FL
3
Votes |
12
Posts

How to refinance into an IRA

Stephen Menke
  • Accountant
  • Jacksonville, FL
Posted
I have an owner occupied townhome in my name that has about 40% equity in it. I am planning on moving out and adding it to my rental portfolio. However, I need that cash I have in the house. One solution that comes to mind is to refinance into an IRA. Is it possible to do this? TL:DR I need to pull out a significant portion of the equity I have in a property. Can I refinance it with IRA funds, thus pulling my unregulated cash out of the property?

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