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Updated almost 8 years ago on . Most recent reply
Seeking advises on self directed IRA investment
Hello everyone
I am completely new to this community and investing real estate. My situation is that I have about $200,000 self directed IRA that I want to invest in rental properties. What is the best way to do this? Should I get one property and pay it off or get a couple and use some loans? My credit score is pretty good so it shouldn't be hard to get loans.
Most Popular Reply
Bernard Reisz
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- CPA delivering RE Tax Tools: 1031 Exchange, SDIRA, 401(k), Cost Seg
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@Vivian Cullen The owner of a self-directed IRA may not personally guarantee any loans taken by the IRA. Any financing obtained by the IRA would have to be non-recourse to you.