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Updated over 5 years ago on . Most recent reply

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LLC/IRA AND NONRECOURSE LOANS

Posted

Hello BP,

I have 100000 in an ira/llc and am wondering how one can use nonrecourse loans to by multiple properties specifically how/can you use the part of the ira for down payments on multiple properties and get a loans for the remainder of the principle(non recourse). Is this done and is is a good strategy. Any info would be helpful as I want to make the most of that 100000.

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