Five Practical Ways You Can Buy a Home With Cash

Borrow from retirement savings

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If you have substantial retirement savings in a 401(k) account, you may be eligible to borrow from it to purchase a home with cash.

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Roth IRA withdrawal

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Making a withdrawal from your Roth IRA can be another viable method to finance a home purchase in cash

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Securities-backed loans

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If you have a large taxable investment account, one strategy for raising cash to consider is utilizing securities-backed loans.

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Private loan

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Another potential avenue for buying a home with cash is seeking financial assistance from friends or family members

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Home equity loan or line of credit

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If you own other properties, tapping into their equity through a home equity loan or line of credit can provide quick access to cash for your new home purchase.

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