SD IRA - Have 2 Properties Now what

[Mark Zamitalo]

So I have purchased and own two properties (a duplex and condo) through my self directed IRA. My question is this ---- now what do I do?

How do I purchase more units?   Unfortunately, I don't have enough money in the SDIRA to buy another unit so unless I wait 24-36 months saving the revenue generated through incoming rent it seems like I can't acquire any more properties.

I'd love to hear what my next steps should be!

[Robert Leonard]

@Mark Zamitalo as long as you are maintaining an adequate cash reserve, you can use leverage to access the equity in those properties to purchase additional properties.  All of the rent has to go back into the account anyway.  You can make additional contributions to your retirement account too depending on what the limitations are to accelerate when you have enough for your next purchase? 

To use leverage (borrowed money), you will have to use a non-recourse loan and there are limited lenders available who offer those, but they are out there.

This is still a retirement investment.  It's long term and if you manage it well, it will be very beneficial to your retirement!  Keep growing it slow and steady along side of your active business or income stream.