Using Self-Directed IRA to buy properties
I have a couple questions. I have about $25K in a self directed IRA. I want to use the money for purchasing a rental property for our real estate investing business. How would that work? Can we use part of it (being the cash) as a down payment and the rest uses a conventional loan?
Second, can I pull money out of it to put as a down payment on our first personal home? I want to make sure I understand the ins and outs