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Updated over 13 years ago,

User Stats

30
Posts
4
Votes
Thomas B.
  • Real Estate Investor
  • Portland, OR
4
Votes |
30
Posts

Can someone lend money to my self directed IRA?

Thomas B.
  • Real Estate Investor
  • Portland, OR
Posted

Short story, Im trying to close on this sucker here(ML#:11669241). They just dropped the price from 160,000 to 138,000. I happen to have 137,000 in my self directed IRA. I keep trying to get them down to 133,000....so I have a tiny bit of money left in the account for fire insurance but they wont go any lower.

Can someone lend my IRA 5 grand and if so how is that done? My account is with Entrust Self directed IRA. What paperwork or whatnot is needed?

Help!

Tom

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