Self-Directed IRA and BRRRR

[Chris Chappell]

Is it possible for a person to use their own Self-Directed IRA to buy and rehab a house, then get it refinanced to pull the IRA money back out as a method of buying a rental property? If so what would be the difficulties and pitfalls of using this method? Can you just pay back the amount borrowed from the IRA without needing to pay interest? Would this just be more complicated than its worth considering other financing methods available?