Private lending with self directed IRA

[Jenny Pennock]

When someone lends out of their self directed IRA, is that a hard process? Or fairly easy? I have a deal I might need to close on in a weeks time or so and was thinking of talking to someone who might be interested in being my private lender on the deal. But I know he'll need to use his self directed IRA and I wasn't sure how fast he'd have access to his money. Do any of you have experience with this? Thank you!