Using funds from an SDIRA for real estate purchases

[Matt Agnew]

1. If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?

2. Do you know of any HML are non recourse in San Antonio?

Thanks!

[Brett Synicky]

Quote from @Matt Agnew:

1. If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?

2. Do you know of any HML are non recourse in San Antonio?

Thanks!

This is more than enough to do PML's whether you originate or purchase from a broker is up to you. The returns will likely be greater if you source the borrower and originate on behalf of the IRA. Hopefully you have a Checkbook IRA to avoid the red tape and fees of going through the custodian for each transaction. But IRS allows an IRA to be invested in anything except life insurance and collectibles. Probably not enough the IRA to own real estate given reserves needed and such. So brainstorm the different options then pull the trigger! Incidentally here's a list of non-recourse lenders you can talk to. Don't limit yourself to the San Antonio area, you may not find one!