Monique Ting, Your agent under the sun (INET Realty  Honolulu, HI)

Spam prevention
Rainmaker
949,877
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Yes, that can be done with the help of a facilitator. 

UdirectIRA.com of Irvine, CA. They handle ALL 50 states!

714-831-1866 

Jun 07, 2017 02:39 PM
Rainmaker
2,219,617
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I have.

Jun 07, 2017 05:13 PM
Rainmaker
1,046,794
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes, we had someone buy land as part of their self-directed IRA. Pete X gave you a great resource. I know my guy's facilitator was somewhere down in Phoenix.

Jun 07, 2017 05:00 PM
Ambassador
6,356,859
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

This sounds like something Bill Roberts may know about.

Jun 07, 2017 03:22 PM
Rainmaker
4,975,890
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Thank you Pete Xavier with X Group Real Estate Advocates ..good answer.

Jun 07, 2017 04:06 PM
Ambassador
2,679,479
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Pete Xavier with X Group Real Estate Advocates and Candice A. Donofrio gave you great answers and links.

Best to you, and to your friend!

Jun 07, 2017 06:52 PM
Rainmaker
1,712,551
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

We do Self directed IRAs in Oklaghoma City often as well as 401K investment loans.

Jun 07, 2017 05:58 PM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

We took a class on it years ago, but we have not worked with anyone who has done it.  We have thought about doing it ourselves - we'd have to talk to our accountant a bit more before doing anything and learn about it more though. -Kasey

Jun 07, 2017 05:41 PM
Rainmaker
707,262
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I have heard of this, but haven't experienced it within our brokerage. Our median sales price is way below $750,000, but we have consistently been growing around 10% per year for the last 5 and anticipate continued growth.

Jun 07, 2017 02:50 PM
Rainmaker
719,397
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Price and ROI are not issues of this type of purchase, however, it is advised to place the property in a single use LLC that is owned by the IRA. If there is a mortgage inviolved itMUST be a non-recourse loan.

Jun 08, 2017 07:09 AM
Rainmaker
5,096,366
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sorry... no experience with this and can't help.

Jun 08, 2017 04:28 AM
Rainer
213,263
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

I cashed my IRA into a self directed IRA, set up an LLC, and bought a rental home with it. My return is 23% over the past 2 years.

Jun 08, 2017 03:05 AM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I agree with all

Jun 07, 2017 10:30 PM
Ambassador
5,204,738
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

My market (Charlotte NC) is definitely more affordable - $750K would be mid-line luxury in Charlotte (Our luxury prices begin in the high $400's!)

Year-to-year appreciation in several of our communities is at least 5%, Hella Mitschke Rothwell. Send her my way - I'll help her with the self-directed IRA investment!! 

Jun 07, 2017 09:20 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have an investors clients that have bought real estate with their IRAs. It is done quite often in fact.

Jun 07, 2017 07:11 PM
Rainmaker
5,583,173
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

good guidance from Pete Xavier with X Group Real Estate Advocates  follow him.... he knows his stuff!!!!

Jun 07, 2017 07:01 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Interesting concept.  Thanks for Q&A on this topic.

Jun 07, 2017 06:18 PM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Our median price is around $270,000 in NH. Our values are increasing from 3 to 6% a year depending on area. 

Jun 07, 2017 05:54 PM
Rainer
505,742
Noel Mayer
Upper Montclair Weichert Realtors - Montclair, NJ
YOU WILL BE RIGHT AT HOME WITH NOEL !

I stopped by thank you for sharing.

Jun 07, 2017 05:35 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes, that is becoming increasingly common.

However, make sure you know the rules before buying that dream house.

Jun 07, 2017 04:42 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No

Jun 07, 2017 03:40 PM
Rainmaker
5,850,301
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Had a fellow REALTOR's client do this, and it was very smooth.

Jun 10, 2017 09:24 AM
Rainmaker
1,498,568
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm aware that you can, but I have not.

Jun 08, 2017 04:02 PM
Rainmaker
4,902,678
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Never have, have to see what otheres are saying about this.

 

Jun 08, 2017 11:16 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

no

Jun 08, 2017 08:43 AM
Ambassador
3,339,654
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes. I have. There is a process that must be followed, paperwork that must be completed. 

Jun 08, 2017 08:43 AM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

come to Phoenix we can assist to buy, rehab and manage. Love self directed IRAs

Jun 08, 2017 07:43 AM
Rainmaker
715,949
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Yep. Have a few clients doing that.

Jun 08, 2017 06:58 AM
Rainmaker
1,722,926
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

YEs and there are specific I.R.S. rules and the need to return the funds back to the IRA within a specific period of time or face a tax.

Jun 08, 2017 06:52 AM
Rainmaker
7,793,734
Roy Kelley
Retired - Gaithersburg, MD

Get advice and instructions from their asset manager.

Jun 08, 2017 06:35 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes.  No problem if done with the help of their brokerage.

Jun 08, 2017 06:00 AM
Rainmaker
4,853,532
Richard Weeks
Dallas, TX
REALTOR®, Broker

Working with investors we see it quite often.

Jun 08, 2017 05:00 AM
Rainer
353,865
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Nope, sorry to say I have not even heard of it 

Jun 07, 2017 10:12 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Monique Ting I think this is 'doable' - or possible.

Jun 07, 2017 10:09 PM
Rainmaker
1,530,922
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Our median price is about $555,000 and we are the Hawaii of the Mainland!

 San Diego, CA

Jun 07, 2017 09:46 PM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have not

Jun 07, 2017 08:40 PM
Rainmaker
1,237,495
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Suggest buying income property with IRA. Cap rate of ~5%.  The income can come from cattle, horse, human etc.... The appreciation needs to be higher than inflation.... Land too far out of metropolitan or small island will not fit your criterion. 

Jun 07, 2017 08:25 PM
Rainmaker
2,350,955
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

No

Jun 07, 2017 06:38 PM