With a Self Directed IRA you will have a checkbook, a debit card and all the tools that come along with a business checking account. All you need to know are the few things you cannot do, the rest is up to your imagination.
Basically a Self Directed IRA is a unique hybrid tool that utilizes a self-directed custodian and a specialized legal structure. It is a vehicle that eliminates red tape and most importantly the continuous fees traditional investment firms are charging.