Self Directed IRA for Real Estate

[Andre Taylor]

I was reading an article about Self Directed IRAs that can be used to purchase real estate and am curious if anybody out there has ever used it?

[Jonathan White]

@Carl Fischer

Thank you Carl. I found multiple posts on the topic shortly after writing that post. I am going to continue to read up on all the options. If you don’t mind, can you explain the non-recourse loan? I have heard that it is difficult to find a bank willing to offer one.

Also, how detached am I from the property? The reason I am interested in pursuing this venue is to become familiar with real estate investing overall, so I want to make sure that I can gain that experience. I would prefer to keep things at a distance for my investing overall so I am fine with not handling any of the day to day. Is my impression of this opportunity incorrect?