@Mindy Jensen @Mike Cumbie @Patrick M.

Mindy Jensen thanks for the reply.

Thanks for the update, @Mindy Jensen.

welcome neither your mind is in the right place get started early and build a portfolio and watch it grow!

Keep in mind I am an engineer.

@Mindy Jensen     all valid points to consider. sounds like SFH in a non HOA community would be a better option. 

Thanks Mindy.

While I won't have enough to buy real estate, I have more than enough to engage in private lending.The fees for setting up and maintaining an SDIRA are higher than a "normal" IRA, but I believe that the income the money will generate will make up for it, after the initial year.Withdrawing the money and taking the tax hit would be my last resort, but if you are aware of the penalties and taxes that come with such a transaction and you are ok with the amount of those, it is your money.The key in my mind is to see which option fits with your overall financial picture and your goals in real estate.Good luck and I hope this helps.Ed

Originally posted by @Mindy Jensen:Moderator note: I have moved this to the other forum, please do not double post. 

If you arent already you should look into Brandon Turners book in the book store http://get.biggerpockets.com/nomoneydown/The other thing to keep in mind is have the patience to understand that there will always be more deals.