Do I need 100% of the home price to use self-directed IRA?

[Ian MacDonald]

Hello,

I have a decent amount of money in my 401k from my last company, one that I departed about a year ago; around 200K. I am interested in moving it to a self directed IRA to invest in real estate. I have seen contradictory information posted in different places saying that you probably cannot finance any of the home purchase if using a self directed IRA. Is it true that I would need 100 percent of the price? I was hoping it would be possible to only bring 30 or 40 percent and then make payments on the mortgage from the self-directed IRA.

Ian