Withdraw Retirement to Fund Real Estate

[Matthew Hite]

Wanted to get people's thoughts on withdrawing from my Roth retirement accounts (and taking the 10% penalty) in order to invest in real estate? I've been using the BRRRR method to purchase properties and know that my cash-on-cash return will far exceed market returns. Along with appreciation, debt paydown, and tax benefits of real estate, to me it seems like a no-brainer. However, wanted other folks opinion?

As an FYI, I'm aware of self-directed IRAs; however, that strategy does not align with my current real estate goals.

[Paul Allen]

@Matthew Hite if the Roth IRA is more than 5 years old you can withdraw anything you have contributed without tax or penalty. You can't withdraw any earnings without a penalty, but the contributions you made were taxed before they went in. You can take them back out. Just leave any earnings alone.

https://cashmoneylife.com/roth-ira-withdrawal-rule...