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re: Taking contributions out of Roth IRA to buy land (updated 5/28/24 - not Roth)

Posted on 2/1/24 at 6:09 pm to
Posted by ItzMe1972
Member since Dec 2013
9825 posts
Posted on 2/1/24 at 6:09 pm to
"They said I could refi to between 5-6% and just increase my monthly payment."
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That's the rate for a cash out refinance?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119581 posts
Posted on 2/1/24 at 6:27 pm to
Thats what she told me.
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2137 posts
Posted on 2/1/24 at 7:51 pm to
Might seller financing be an option? If the land isnt moving fast and/or the owner would like to quickly generate an income stream it could be a win/win. Cant hurt to ask.
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