investment real estate: Buying Investment Real Estate with your IRA - 02/24/09 08:50 AM
Everyone realizes it's a great time to buy investment real estate, but how?Many people have longed to own investment real estate, realizing it is often the best way to long term wealth. But, coming up with the cash down payment, and taking on the extra liability of another mortgage are often the obstacles many never overcome.But, many don't realize that you can legally, and without penalty, use your retirement funds to purchase real estate, through a self directed IRA.Let's say you have $50,000 in your retirment account (we won't talk about what it was last year). You can use $30,000 to … (0 comments)