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Updated about 8 years ago, 11/12/2016

User Stats

126
Posts
69
Votes
Kishore P.
  • Realtor
  • Farmington, MI
69
Votes |
126
Posts

Self Directed IRA

Kishore P.
  • Realtor
  • Farmington, MI
Posted

Hello All:

Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA.

My wife is conservative and not excited about the prospect of me investing IRA in Real Estate.

Question: At Closing, does spouse need to co-sign off at closing in the State of Michigan?What are my options really, can I invest in Multifamily, if my spouse is not on board.

I know she will come around to it if I could demonstrate some success.

Thanks

Kishore

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