I have access to private money but prior to tapping it I want to fully understand how to go about this in a way that is respectful to my friends,  simple and organized.1)  The house I'm looking at is $560,000 ;   With my credit score being a mess, should I just borrow the 20% down payment ($112,000) ?

With respect to paying for expenses in connection with real estate owned by the IRA, not only do these expenses need to be paid with funds from the self-directed IRA,  existing assets that you personally own or through your business or a business of a disqualified party cannot be sold to the IRA to improve the property.

I still have a lot of respect for the folks locally at US Bank but what you describe sounds spot on.  

Your time is respected,            -Logan Jorns 

You will gain respect, contacts you would never have access to and a behind the curtain view that no paid guru will offer.  

Opportunity Zones can be used to minimize tax payments or even reduce to zero.Opportunity Zones were created under the TCJA to; Allow U.S. investors to defer all 2018 capital gains for eight years if the profits are reinvested and held in an Opportunity ZoneLower the amount of capital gains taxes resulting from the sale of a capital asset by 10% or 15% if the proceeds therefrom are held for five or seven years, respectively, in an Opportunity Zone project.Provide for a full exemption from capital gains taxes on all future capital gains on the invested funds if an investment is held for ten years following investment.

"Don't demand respect, command respect.

Most guests are very respectful and awesome, so don't get discouraged when you have a bad one.. it's par for the course.3.

(financial things)..to include but not limited to any new leases or modification of existing leases together with rent rolls, with respect to borrower financial conditionThanks for your time

Each plan would have to allow for participant loans and you and your wife each would need at least $100k in each of your respective accounts.Because it would be rare to be in that situation and because there are definite caveats to taking out so much money in participant loans, you might treat this as a more theoretical response of what could be done rather than what you should actually do.There are other sources of financing that could work better for you, perhaps in combination with some participant loan funds, but $200k... wow!