Minimum distributions from any IRA are hard to do with non-liquid assets like a real estate investment held in a self-directed IRA.

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

After selling one of the lots for $55k, enough liquidity was freed up to partner with Fund-That-Flip (now, Upright) to finance this project.

Lumber Liquidators has good stuff for under a $1/SF and I install it myself, which is easy.

Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price. 

Again, competitive rates (much more so than HM or HELOC) and still have your money working in two places at once.We recommend #1 since we try to leave banks out of scenarios if they aren't absolutely needed but it is possible.Just some thoughts if you decide to liquidate a couple properties and happen upon some cash.Reach out if you have any questions.Best wishes!

Would the seller be interested in carrying a 6 or 12 month note for you for the remaining downpayment amount to buy some time to liquidate the condo?

Right now that is primarily education and finding deals.We don't have any liquid capital.

If you have more liquidity in your 401K or other investments that would satisfy that condition for reserves.

immediately followed by: Do you have any liquidity?