17 Jan Retirement Savings to Purchase an Investment Property
Purchasing an investment property can entail significant cash needs. An Alternative Documentation or Hard Money loan can cover a significant portion of the financing, but it might help to have a larger down payment, money to fix up the property after purchase, or just a cash cushion while investing in property. While not often a utilized strategy, using retirement funds can be a potential alternative. It sounds risky, but when employed at the right time, going outside the box can be advantageous. If you are considering utilizing a 401(k), 503(b), or IRA to use in property investment, here's what you need...