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Updated 5 months ago,

User Stats

82
Posts
33
Votes
Sri Voodi
  • Investor
  • Woodland Hills
33
Votes |
82
Posts

Buying and Rehabbing a distressed property using SDIRA funds?

Sri Voodi
  • Investor
  • Woodland Hills
Posted

Hi Experts, 

Can I buy a distressed property and rehab the property using Self directed IRA funds? I plan to rent it for a few years and sell it depending on the market conditions in the future. Is this below scenario possible?

Example -

Funds in SDIRA - 500K

Distressed property - 300K

Rehab Costs - 150K

Funds left in SDIRA - 50K

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