creative financing idea

[ Follow Ups ] [ Post Followup ] [ CREOnline Lenders Forum ]


Posted by Jeff Chandler on January 05, 2010 at 15:21:48:

I wanted to find out if it is possible to use IRA funds as a bargaining power to purchase a property... my credit and equity is ok but I don't have alot of $ to put down or use for closing costs....so what I was thinking is can you use retirement IRA's as leverage to purchase and make creative financing...right now I have $30k in IRA's and would like to borrow against it to use that as a down deposit

Jeff

Follow Ups:



Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ CREOnline Lenders Forum ]

CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com