Owner Non-Recourse

[Bernie Huckestein]

Couple of questions about the potential for non-recourse loans:

If I were to use my IRA funds to purchase a multi-family property for 360k could I:

1) Have the SDIRA contribute 150K and structure owner finance as non-recourse?

2) if so, my plan is to improve this property (with other SDIRA funds) and sell within 5 years -  then 5 years from now could I wrap the owner finance to the new buyer?

I know I will need some professional help in making sure this is structured property just trying to understand if this is generally doable before pursuing.

Thanks, b