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Updated about 9 years ago,
Self Directed IRA
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!