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Updated about 9 years ago,

User Stats

167
Posts
37
Votes
Valerie Couch
  • Turnkey Provider/Agent
  • Cleveland, OH
37
Votes |
167
Posts

Self Directed IRA

Valerie Couch
  • Turnkey Provider/Agent
  • Cleveland, OH
Posted

I have a client who is interested in using her SD-IRA as a down payment for a turnkey investment property, wants to hold in the IRA. Has about $32k available, purchase price of the house is $76,500. A-1 credit. Have not been successful in finding a lender who can finance the balance (those who are even able to finance through the IRA are requiring 50% down and another 15% in reserve). Anybody know of any other vehicle where this could work?
The purchase is in a Cleveland, OH suburb, South Euclid.

Thanks much!

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