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Updated over 7 years ago,

User Stats

9
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0
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Michael Nguyen
  • Waldorf, MD
0
Votes |
9
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Buying my own property with a self-directed IRA.

Michael Nguyen
  • Waldorf, MD
Posted

Hello all,

My name is Michael, and I am totally new to real estate investing. Although, I do own one rental property in CA.

My long term goal is to acquire more rental properties and flipping houses. I have never flipped a house before, have no clue how to start, and quite fearful of taking that first step!  Anyhow, that is something I must push myself to overcome!

After months of reading up and learning everything I can about real estate investing, I have decided to open a sel-directed IRA to start my REI Venture. I am curious as to whether I can use the self-directed IRA to buy my own house?

Any feedback, opinions, or guidance would be greatly appreciated!

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