Setting up a loan from a self-directed 401(k) would be too difficult for one transaction.

I need some help with thinking through the self directed 401k.

I then started to work both a full time and part time job to lower my DTI by paying off both car and credit card debts, coupled with listening to the Podcasts and then becoming a member of the website which have really helped boost my awareness and self-esteem these past few months.  

I could see my self doing some fix and flips in the future because I like construction and remodeling work, but I am more interested in buy and hold properties as an investor.

Your CPA will likely point out that self employment taxes will be due on the earned income.

If you plan on researching it and going at it alone, I suggest you google the following terms in your search: "Piercing the corporate veil", "self managed", "commingling funds", "self repairs".

@Atwan KwanPrivate Lender 1st Mortgage with a Self Directed IRABob is a real estate investor and had the opportunity to acquire a property for $100,000.

I have someone who is interested in investing his self directed IRA. 

Along with my self searching loopnet every hour of the day.

I paid 39k for a 1400sq ft 3br/2bath house and it seems to be worth around 120-125k now based on similar homes being sold in my area from late last year to now.Now I find my self in a similar situation with having this equity sitting there doing nothing.