Can you really use an IRA to buy a rental home?

retirementYou’re driving to work one day and see a run-down house. Chipped paint, weeds in the walkway, overgrown shrubs climbing toward the windows.

You’re certain, though, that the home could turn a terrific profit – if only you had the cash to buy it.

Did you know you could use the funds from an Individual Retirement Account to buy a rental home? This under-used method can be great way to take advantage of today’s home prices as long you don’t use the property as your residence.

As a RE/MAX agent, I know other strategies to help you explore an investment property purchase. Just give me a call or send me an email, and let’s see what’s possible.