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Updated almost 5 years ago,

User Stats

83
Posts
35
Votes
Hugh Carnaha
Pro Member
  • Rental Property Investor
  • Springfield, MO
35
Votes |
83
Posts

Convert/rollover normal 401k and IRA into self directed?

Hugh Carnaha
Pro Member
  • Rental Property Investor
  • Springfield, MO
Posted

Howdy Guys!

I did a bit of searching, but couldn't quite find what I needed. I did a dumb thing Jan 2 and Maxed my ROTH IRA for the year. Now i'm trying to find funding to keep a rehabing some of my distressed properties.

Would it be possible to rollover/convert an Roth IRA into an self directed IRA? Then take a loan against it for repairs, then return the loan with interest back into the ira?

Is something like this, or something similar possible?

Cheers!

Hugh

  • Hugh Carnaha
  • Loading replies...