You make yourself the manager of that LLC, you move the money from the IRA custodian account into some business checking account, and you, as the manager of the LLC, have a checkbook and debit card etc. for the LLC account.

Johnny, do you budget anything for rehab, closing costs, and operating account (3 months of debt service at least).

Account Closed Hey William!

I just went and looked at my listsource account and it doesn't look like they differentiate storage in their property types.Have you looked at any other data providers like costar?

Has anyone looked at buying RE via a self directed IRA vs cashing out the IRA, paying the penalty and putting funds into a business account and having full control of funds Immediately?

Account Closed would you be able to elaborate on how a subject to or a wrap can work in regards to a flip?

According to my quick calculations, this deal will have negative cash flow when you account for all expenses.

Account Closed great info!  

We recently cash out refi'd Investment property B (Loan B) and now that money is just sitting in it's own separate bank account.4.

But still no real estate and no big fat bank account.