Hi! I've been doing some research online and am having a hard time finding the answer, so figured I'd pose my question here. We are looking at purchasing an REO in our area for cash, using a checkbook IRA to fund the rehab and then refinance and pay back the checkbook IRA (depending on the appraisal, we may or may not put in more than we pulled out). I'm wondering if:

a) Is this even possible assuming we do none of the work ourselves (not even changing a light bulb) during the phase we use the $ towards the rehab?

b) Is it possible since the home will be purchased under our name? If not, is there a way to make this possible?

I've read lots of articles that address using a SD-IRA to purchase or flip homes, but they all include the IRA LLC as the buyer, whereas we would like to purchase the property using our own cash funds snd title under our name. Is there another creative solution to funding the rebab portion of this REO deal using money we already have in 401k, traditional and Roth IRA? The answer may be it's not possible, but having a clear answer one way or the other would be helpful. Thank you in advance for your replies.