All Forum Posts by: Nick C.

thank you for your responses to my question. Utilizing a self directed IRA to purchase investment property is not very compelling to me due to the lack of autonomy that would exist as a result of utilizing this method. I'm leaning toward withdrawing the money for a flip project, as I feel that I can recoup and then grow the withdrawn money faster than it will grow within my IRA. Im doing this to jumpstart my RE investing career. If I'm essentially pulling out 25% of my retirement fund to put into RE investing, I don't feel like that is too detrimental to my overall portfolio if something were to go awry. If I'm being foolish about this please bring me back to reality guys. Again, thank you very much for your attention and input.

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.

hello. Just a test here. Please disregard