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Updated almost 4 years ago,

Mark Voss's profile image
Mark Voss's profile image
Mark Voss
  • Investor
  • from Madison, WI
  • Member since Dec 29, 2018
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Mark Voss's profile image
Mark Voss's profile image
Mark Voss
  • Investor
  • from Madison, WI
  • Member since Dec 29, 2018
Connect
Mark Voss
  • Investor
  • Madison, WI
0
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6
Posts
Buying & Selling Real Estate

SDIRA LLC Investment with a Partner?

Mark Voss
  • Investor
  • Madison, WI
Posted

Greetings BP, I have a SDIRA LLC, with Midland IRA as custodian, that I created to invest in real estate. I have a lender who is willing to give me a non-recourse loan with a 30% down payment in the Bloomington, IL market. Is it possible to partner with another entity, say an individual, that is not a SDIRA? If so, must the loan remain non-recourse? I know that there are disqualified relations (parents and children etc). Thanks for any guidance or resources you can direct me to.

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