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What are the pros and cons of using an IRA distribution as a bridge loan when selling and buying a house?

The timeline would look something like this: Accept an offer on house 1 Withdraw from my IRA Make an offer on house 2 with contingencies waived and a fully underwritten pre-approval from a lender ...
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What are the pros and cons of using an IRA distribution as a bridge loan when selling and buying a house?

You can do this, and people have done this before. Main things to consider: You can only do one indirect roll-over in 12 months period, If you mess up on dates or amounts and miss the 60 days window ...
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