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Updated over 3 years ago,

User Stats

222
Posts
152
Votes
Michael J Scanlon
  • Realtor
  • Chicago, IL
152
Votes |
222
Posts

Who does mortgages for self directed 401k owned properties?

Michael J Scanlon
  • Realtor
  • Chicago, IL
Posted

I’ve had my money in my self directed 401k in a TD Ameritrade account for two years and done very well. I now want to buy a property that will be owned by my 401k. I know the ins and outs of this (cash flows will go back into the retirement account, if I ever sell then proceeds go into my retirement account, etc.) However, I can’t seem to find a lender who will do a mortgage for a retirement account owned property. Does anyone know any specific lenders or have a general idea of where they found a lender for theirs?

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