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Updated 11 months ago on . Most recent reply

User Stats

14
Posts
2
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Willie Holdman
  • Investor
  • utah
2
Votes |
14
Posts

Self Directed Roth IRA for real estate investment

Willie Holdman
  • Investor
  • utah
Posted

I want to purchase a turn key airbnb night next door to my other one. I have 127,000 in my self directed roth. Purchase price is 350,000. How do I go about using these funds towards the purchase price, that would leave 223,000. It seems you can't just do partial from your self directed, and then partial from my llc property business. Or can I?

Most Popular Reply

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17,844
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,234
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17,844
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

You need a non-recourse loan (conventional is prohibited with IRAs). Here is a list of lenders who can help:

https://www.biggerpockets.com/blogs/2810/50272-list-of-non-r...

  • Dmitriy Fomichenko
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

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