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Updated about 3 years ago on . Most recent reply

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23
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9
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David A Bailey Jr
  • Real Estate Agent
  • Tarpon Springs, FL
9
Votes |
23
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What Lenders Work With Self-Directed IRA?

David A Bailey Jr
  • Real Estate Agent
  • Tarpon Springs, FL
Posted

I was chatting with someone last night who is wanting to buy an STR in the Orlando area by setting up/using a self-directed IRA for the downpayment. Do you know of any lenders that work with a self-directed IRA?

Most Popular Reply

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,240
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17,848
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@David A Bailey Jr

You can buy rental in a self-directed IRA using leverage. However, IRS rules prohibit personal guarantee, therefore the loan must be non-recourse. Here is a list of lenders offering such financing:

https://www.biggerpockets.com/...

  • Dmitriy Fomichenko
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

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