Buying property with tax deferred accounts

[Jonathan McGarrity]

Hi all,

I've read snippets in BP books and on these forums but would appreciate some more information. How is it possible to invest in real estate using money in tax deferred accounts? I have an i401k and all the money is in stocks and bonds. Is it simply buying real estate ETFs or could I purchase an investment property using those funds? If so, do all proceeds go back to that account?

Thank you.