If your IRA cannot afford the investment asset you are interested in, you have several options:

1. Partner your IRA’s funds with your personal funds. For example, your IRA can own 50 percent and you personally can own 50 percent, which would make you tenants in common.

2. Partner IRA funds with funds you personally guarantee, like a home equity line of credit.

3. Your IRA may also partner with someone else’s personal or IRA funds.  Please note: The disqualified persons rule may not apply here since you are not transacting with the individual.  Therefore, it is possible to partner with your spouse, parent, or child.