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Often buyers sell their home, use their savings and liquidate other
investments to raise money for downpayment yet still fall short.
They have extra money but it is tied up in their IRAs or 401k
retirement accounts and cannot be touched without penalties (or
so they thought).
Now
there is a legal way to self-direct your retirement funds and use
your own money without penalty to invest in your dream of owning an
RV park and still plan for retirement.
True Story:
CPA buys campground using this IRS approved method,
and you can too if you have $50,000 or more in retirement
funds.
Gary and Marcia bought the campground from us. Marcia is a
Certified Public Accountant and checked out this process
thoroughly. They were very pleased and used their retirement funds
to help buy the campground and for improvements.
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