I guess I will look for properties that can be purchased solely by the IRA and avoid the partnership route. 

Repeat this process several times.After you have a bit of a track record approach others with potential partnership arrangements.

You'll probably start a rolling wave of partnership offers, be careful who you jump in with!

Marc jacob charges $300 for professional partnership contract

@Jason Zullo  Without addressing the specifics of your plan, I like your creativity but I would keep the partnerships with friends and family to a minimum as much as you can. 

Some are too creative for their own good.Such are matters of advanced creative financing arrangements, very handy for estate planning, having more than one beneficiary, lender or partnerships with unequal interests.This won't ever be accepted in mortgage financing as it would reek havoc on the entire financing system all the way through securities to investors buying the bonds that fund home loans.

HI Tony, A few options might include:Private lending;partnerships, including with your team, manager, REI club members, people with more capital than time;hard money;self-directing IRA money;owner financing;wholesaling...There are a lot of resources, books and podcasts on this topic - I'm sure as you dig deeper you'll identify the option that makes the most sense for you. 

Partnerships may come at some point in the future, after I am confident in my own performance, and at the point where I will be able to tell who would make a good partner. 

Hi all,I am planning to enter into a partnership with one of my friends.

Is it a good idea to use this money to get started in real estate investing or is the better route trying to find a partnership?