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re: Taking contributions out of Roth IRA to buy land (updated 5/28/24 - not Roth)
Posted on 2/2/24 at 4:10 am to TorchtheFlyingTiger
Posted on 2/2/24 at 4:10 am to TorchtheFlyingTiger
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.
1
Posted on 2/2/24 at 10:41 am to kywildcatfanone
Seller financing would be best option.If not I would hit up the Roth if I hated where I live.
The only value of money is to make your life easier,more pleasant.
I would have been much better off financially to have stayed in my old house.We only had 1 year left on a 15 year mortgage but wife wanted to build in the country.
Only reason I agreed was some of the neighbors were making life miserable.
I was dreading the house building experience but it wasn’t nearly as bad as I anticipated.
It’s much better not having close neighbors or a HOA.
The only value of money is to make your life easier,more pleasant.
I would have been much better off financially to have stayed in my old house.We only had 1 year left on a 15 year mortgage but wife wanted to build in the country.
Only reason I agreed was some of the neighbors were making life miserable.
I was dreading the house building experience but it wasn’t nearly as bad as I anticipated.
It’s much better not having close neighbors or a HOA.
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