Leverage using SD IRA - Checkbook Control

[David Bolous]

Sorry if this is a newbie question but haven’t been able to find the answer.

Other than non recourse loans, looking for ways to get additional leverage from my SD IRA which I have checkbook control over through an LLC. The question is can the LLC partner with someone to purchase a property that will ultimately require some sort of financing.

For example, can the LLC put down the down payment, and another party obtain a loan through a private lender to fund the rest. Does it matter if that other party is a disqualified person or not?

Isn’t that what a joint venture would be?

Appreciate the help on my first post!