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Buying house investments with Roth IRA
It was suggested that I take my RothIRA and put it in a custodial account and use it to purchase homes to flip? What do you think?
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Dmitriy Fomichenko
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@Debb Childs, congrats on your first forum post, I see that you have been a member for over two years, what took you so long to finally participate in this awesome resource??
Brian gave you pretty good overview. I just want to add that retirement accounts are designed to be invested passively, a better use for your Roth IRA money would be to simply be the bank and lend it to another flipper.
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