However, here are a few strategies to explore:Local Real Estate Investor Networks – Join local REI groups, meetups, or Facebook groups where private lenders may be open to funding primary residences under the right terms.Seller Financing – If the seller is open to it, you could negotiate a seller-financed deal where they act as the lender.Community Banks & Credit Unions – Smaller local banks may offer portfolio loans with flexible terms.Wealthy Individuals / Family Offices – High-net-worth individuals sometimes fund private deals, especially if they see strong equity and repayment potential.IRA or Self-Directed Retirement Accounts – Some investors lend money from their self-directed IRAs for real estate transactions.Since you’re willing to pay higher interest for a short-term solution, a contract for deed (land contract) might also be an option, where the seller keeps the title until you pay it off or refinance.Would you like me to connect you with any potential private lenders?

However, if the 401k has business income, it will be subject to UBIT.An IRA is not subject to capital gain taxes because it is a tax-deferred retirement plan.

Todd KnudsonSo you rolled the property from one retirement account into another, right?

Even when I was younger, I understood that it could be a great way to achieve financial freedom, retire early, and live without the stress of money constantly hanging over my head.

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

https://www.sensefinancial.comYou don't need a tax attorney or a CPA to set one up - just the plan administrator/custodian.You do need a CPA who specializes in self directed retirement accounts to make sure you are complying with UBIT and UDFI rules. 

Look for bankrupt companies, TOys are us, Bed bath beyond, Macys, retirement homes, Boston Market, etc etc.  

Tools like this helped us determine that retiring in the Memphis Metro area was good for us and has helped form our investing strategy, mainly SFR and some commercial spaces (flex, studios, small office).

The number you feel would be enough to retire on will keep moving.

They won't always be upfront about this with you but if know they're selling because they want to retire, that opens you up to different options vs if they're an investor just selling for profit.