Investing in real estate with a self-directed IRA offers many benefits to those who are looking for creative ways to save for the future.
This is a common strategy used in real estate investments.
Combine your self-directed IRA fund with other funds to purchase the property.
A self-directed IRA can partner with anyone at the time of initial purchase, but after the transaction is complete, the IRA cannot conduct any business with a disqualified person.
Partner With Another Investor Investors are on the lookout for new opportunities, and networking with like-minded individuals can be a great way to find an investment partner.
Partner With Yourself It is possible to partner your self-directed IRA funds with your personal savings for the purchase of a new asset, such as a real estate property.
Partner With Another Self-Directed IRA Partner your account funds with the funds in another IRA to maximize your purchasing power.
Partner With a Group Sometimes partnering with one account, one investor or only yourself will not provide enough funding for the investment you are interested in.
As you read in this article, you can partner with other investors until you have enough cash to invest in real estate on your own.
Proper due diligence by you, the IRA holder, is recommended before entering into any transaction.