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Updated 5 months ago on . Most recent reply

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SDIRA for private lending

Tiffany McKinney
Posted

I would like to lend to a BRRR couple using my SDIRA. I am new to this world. What type of questions should I be asking? We've started discussing terms. $90k at 7.5% for 22 years. Appreciate any advice!

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Tiffany McKinney:

I would like to lend to a BRRR couple using my SDIRA. I am new to this world. What type of questions should I be asking? We've started discussing terms. $90k at 7.5% for 22 years. Appreciate any advice!

Check at @Beth Johnson book lend2live. 

Also $90k for 7.5% is very very generous. What is the Loan to value on that? 

  • Chris Seveney
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7e investments
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