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Updated almost 8 years ago,

User Stats

24
Posts
3
Votes
Lyle McCartee
  • Investor
  • Colorado Springs, CO
3
Votes |
24
Posts

"Pooling" funds to purchase/invest in a property?

Lyle McCartee
  • Investor
  • Colorado Springs, CO
Posted

Hi colleagues,

I have a SD-IRA with less than $2,500.00 in it. I started the account last year with a custodian out of Texas, and really haven't done anything with it yet. I would really like to start using it to my advantage. I know that whatever comes out of the IRA in an investment, must go back in after the exit strategy is exercised.

My question is, is it possible (or even a good idea) to "pool" that money with other funds such as private lending, HELOC, partnering, etc to leverage the purchase?

Any thoughts, advice or suggestions are welcome. I appreciate your insight in advance.

Best,
Lyle

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