Utilities are in, phase one of the roads, curbs, gutters and water retention has been completed as well.I have received approval from the municipality to build the project as duplexes that will optimize cash flow and raise the number of finished units to approximately 300.I owe 1.25M and need 1.05M to finish the roads, curbs, gutters, and water retention.The first lien(1.25M) is overdue and was intended only as a bridge.The finished value of the subdivision would be 3.4M -4.5M as finished lots, depending on the comparables the appraiser uses.I have also found a lender that will lend to take the first out, but his points are high, it's not hard to get very expensive in points on a loan size like this.I am outside the Phoenix and Tucson markets in a smaller but rapidly growing area.

Do I need this money to live on or grow my business?????

I plan on building a sizable real estate portfolio and grow my network along the way.I am eager to learn from others as well as give my knowledge and expertise.

The only reason to do that would be if you feel that the IRA would grow more effectively in real estate investments you choose than in the current investments.Because your husband is of retirement age, he can choose to take distributions from the IRA. 

However, you may go through some growing pains once you have a vacancy and have to find a new tenant. 

That may be something to consider if you're looking to grow quickly, especially if you're buying in/through an LLC.

@Dylan McCabe probably not an ideal investment if you intend on cash flowing and growing your wealth.

You source the best players to grow your franchise.So I guess I’d say, no you cannot do this alone. 

I’d love to learn and grow with whatever opportunities get throw my way.

This means the profit is taxed as ordinary income (not capital gain) and subject to self-employment tax.If, however, you're portfolio shows a history of rentals, you intended to get into this property as a rental but ultimately decided to sell for whatever reason, and this "flip" is not a regular occurrence, you may be able to avoid classifying it as a flip subject to ordinary income and SE tax.Definitely make sure to speak to your CPA to get specific advice on your personal situation.