Am I thinking too far out of the box, using self directed IRA

[Loren Becker]

I have a opportunity to purchase a SFH investment in my neighborhood. I want to use my self directed IRA to fund the down payment and close the deal with a conventional 30 year fixed loan. The catch is funding the deal getting the loan then returning the money back to the IRA account prior to the 60 day transfer period.
Anyone thought of this or use this technique?
Thank you,
Loren