self directed IRA question on flips

[Mike Terry]

Ok please tell me if this startegy is doable. Provide self-directed IRA funds in the form of a note (private money) and find like minded flippers in the same situation with IRA money to invest to then fund my flips. I understand this can't be done with the same person consistiently as it would be disallowed, but there must be a lot of other people out there caught in this same bind: thousands of dollars of retirement funds that are hard to use to support your real estate investing. Any thoughts, warnings, concerns or connections would be very welcome.