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Updated over 8 years ago on . Most recent reply

User Stats

595
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344
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Carson Wilcox
  • Davis, CA
344
Votes |
595
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Noob in Davis, CA... Lots of questions! Self directed IRA $...

Carson Wilcox
  • Davis, CA
Posted

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...

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