Re: Why would I want to open an IRA?
im pretty sure if its a self directed IRA that you can buy a house with it. it might have to be a rental property/flipping deal though im not sure. you can also borrow against the self directed IRA. if you borrow against it at like 6% interest and youre making 10% interest on the money in your IRA youre actually making 4% profit on your money while being able to spend it ahead of time. you could basically borrow against your IRA to buy a house and your interest in the IRA could excede your mortgage loan.
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