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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 7:51 pm to
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.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119580 posts
Posted on 2/2/24 at 4:10 am to
quote:

Might seller financing be an option?


I could ask. Seller is a farm business which owns hundreds of acres behind this property.
They have a sod farm business and this property was part of that, so the ground is basically flat, another rarity around here for a 5 acre tract.
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