Pulling cash from my retirement fund

[Greg Allen]

Hi Everyone.  I'm about to leave my W-2 job.  I'd like to move some of my retirement savings into MF.  I prefer MF over SF.  The problem is, even though I have about $250K to invest, I will no longer have the W-2 income to qualify for financing.  Should I partner with an experienced MF investor?  Should I just pay cash for SF, and defer my MF aspirations?  I would appreciate any incite.  Thanks!

[Dan Handford]

@Greg Allen I would suggest taking the $250k and placing in some solid multifamily syndication projects in growing markets. I've invested in B-class, value add assets that are stabilized with cash flow the day of closing. 

There are some additional steps to consider when trying to buy a property with your own SD-IRA. It can be done but much counsel would be needed to make sure you don't violate any of the IRA rules.