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Updated over 8 years ago,
Noob in Davis, CA... Lots of questions! Self directed IRA $...
Talk about drinking from a fire hose! I bought
The Book on Investing In Real Estate with No (and Low) Money Down
and am working my way through it. My first step, as I see it is to evaluate my resources, and see where I am, and where I can go from there.
I have $46k in a SD IRA now. I want to use the financing strategies I learn above, coupled with that $ to either do straight flips, OR do some BRRR.
My first question is, HOW do I get access to that $, and use it without getting murdered by the feds in fees, taxes and limitations...?
Curious to hear ideas on methods, and what type of entity.. I am down with setting up an LLC or something...