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Updated about 13 years ago,
Financing while using SDIRA funds as down payment
I'm trying to figure out how to ask this--I feel like I have 3 pieces of a 500 piece puzzle.
What I have:
-Self Directed Traditional IRA which has sufficient funds for a down payment for a property, but not for an outright purchase.
What I want:
A non-recourse mortgage using SDIRA money for a down payment.
I'm not sure I can even do this--I went to the State Foreclosure Laws page and looked at Wisconsin, but don't really know what I'm reading. I didn't see the word 'recourse'.
I guess what I'd like to hear from anyone reading this is what would be the best course of action for investing this SDIRA given the above circumstances.