Foreclosure University Forum

IRA use (General)

by tere, Tuesday, April 01, 2014, 07:31 (1713 days ago)

I was told the following: "You can not buy your own home with your IRA, however you can lend money of your IRA to a house rehabber who could then lease the house to you on lease option. You become the bank on the property that you are maintaining. It can't get any better."

Is this possible, legal, risky? Any info appreciated.


Complete thread:

 RSS Feed of thread

  • IRA use - tere, 2014-04-01, 07:31 [*]
    • IRA use - foreclosureuniversity, 2014-04-09, 22:12

User Menu

Forum Search

 

Featured Product

foreclosure home study course
"The Investors Complete Foreclosure Home Study Course - Only $47"

Discover a Proven System for Buying Real Estate Foreclosures 30%, 40%, and 50% Below Market Value. Generate Huge Returns Using This Step-by-Step Foreclosure System.

Learn More - Click Here

Forum Statistics