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Self-Directed IRA
Hello,
I'm new to buying investment properties. My wife and I currently own our home and have two bids recently accepted for properties we plan to use as rentals. My question though is about Self-Directed IRA. Can we roll our current 401K's into one and then use it for purchasing rental properties?
Please excuse my ignorance on this topic, just trying to understand a bit more about how they work?
Thanks,
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Chris Soignier
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When you leave your employer, also consider a Solo 401k if you qualify. It has some great benefits over self-directed IRA's.