self directed ira help

[Therese Corfield]

I am considering rolling over a portion of a 401K from a former employer to a self-directed ira. I am researching and considering many different investments. My son, who is a business owner, is currently leasing space but would like to purchase the property he currently leases. Is there any way my self-directed IRA could participate in this type of deal, either by loaning to his LLC or sharing in the purchase of the building? I'm thinking not but would appreciate input or other ideas. Thanks! I am learning so much from this website!