Looking to Do My First Self Directed IRA

[Walter Daniel]

Hi,

Experienced real estate investor looking to get into a Self Directed IRA. We have funds in a brokerage account and also on other rentals. Pretty experienced in rentals but looking to grow retirement savings. We are younger so don't want to touch the money. Buy home for cash, rent it out, invest the rental income in the market and repeat.

Any insight on the process would be great!!

[Brett Synicky]

@Walter Daniel 

Wish I got into self directing at a younger age. Investing in something like real estate or private lending that you have understanding and more control of is a very powerful way to build wealth without ups and downs. A few helpful BP blog posts below. If you have any self employment activity or plan to, take a close look at the Solo 401k.

Solo 401k

Sdira self directed ira

Prohibited Transactions

Disqualified Person