Withdrawing retirement funds to invest

[Scott Goodson]

I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I put it into an investment property will that cancel out my tax obligation come tax season next year? I have looked into using a self directed IRA and I don't have enough money in the account to make the juice worth the squeeze. Thanks for any input!

Scott Goodson