Self Directed IRA

[James Pignataro]

Hello Bigger Pockets,

I have a significant amount of capital in a retirement account and not enough capital in the bank to purchase my next investment property. Does anyone have experience with a self-directed IRA in Massachusetts? I have been researching and it seems odd that the firms that offer these products are not "big players" or "well known" firms (none that I have heard of at least). Any advice, pro's and cons, or personal experience is welcome. I enjoy investing in real estate rather than the stock market because I know that I hold a tangible asset with less risk, I don't want to increase my investment risk by moving money into a self-directed IRA with a firm that I have never heard of.