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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Sameer Jain
  • Investor
  • Cupertino, CA
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83
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Investing through self directed IRA

Sameer Jain
  • Investor
  • Cupertino, CA
Posted Feb 17 2020, 09:30

Hi

I have some funds in my self directed Roth IRA . I am not sure if I pull funds from my account try to do a BRRRR strategy using Roth IRA funds . Is it permissible ?

I plan to pay the self directed account loan once the property is refinanced ? Is it allowed to use Roth IRA funds to build your property portfolio and keep the title in my name once we pay back the IRA loan ?

For example buy property X all cash using IRA funds and fund all cash rehab using IRA funds ? Get it refinanced to pull out the money and pay the IRA note . I keep the title in my name or my LLC name after the refinance and continue doing that to build my rental portfolio ? Is this transaction allowed by IRA or is there a better way to do BRRRR using IRA funds ? Please advise

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