How do I purchase real estate with my self directed IRA?
The process of purchasing real estate with your self directed IRA is very similar to purchasing conventional investments with your IRA, with a few exceptions. Once an account has been established and properly funded client instructs custodian for their IRA, to purchase the specific investment property. To make the investment, a Real Estate Direction of Investment form must be submitted. Information included on the Real Estate Direction of Investment form will include: location of the property your IRA is purchasing, the amount needed from your account, where the funds need to be sent, and what documents are required by the Custodian for your IRA. Once your Real Estate Direction of Investment has been received, Custodian will act on your instructions and remit funds to the title company/closing agent/attorney.
