Can you get a loan when purchasing real estate with Roth IRA

[Matt Aspen]

Hello,

We're looking into purchasing a 2nd investment property, this time using our (wife & I) Roth IRA founds. The properties I'm looking at cost more the we have (combined) in our Roth IRA accounts so wanted to know if you can get a loan for the "gap" and how that works; eg. the property costs $150K & we have $110K... so would need a loan for the $40K gap.

If this is possible, are traditional lenders able to work with us or do we need to find someone "special"? I presume that closing costs etc. have to come out from our IRA account thus decreasing the amount we have to invest -> would have to borrow a bit more to accommodate for the difference.

Any info would be greatly appreciated.