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Updated over 8 years ago,

Stephen Sawrie's profile image
Stephen Sawrie's profile image
Stephen Sawrie
  • Investor
  • from Spanish Fort, Alabama
  • Member since Sep 10, 2016
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User Stats

61
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15
Votes
Stephen Sawrie's profile image
Stephen Sawrie's profile image
Stephen Sawrie
  • Investor
  • from Spanish Fort, Alabama
  • Member since Sep 10, 2016
Connect
Stephen Sawrie
  • Investor
  • Spanish Fort, AL
15
Votes |
61
Posts
Tax, SDIRAs & Cost Segregation

financing with SD-IRA

Stephen Sawrie
  • Investor
  • Spanish Fort, AL
Posted

SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to the LLC must be non-recourse. is this correct? uDirect supplied me with a list of lenders that they know who make non-recourse loans.

questions:

1.  does this sound correct?

2.  anyone out there have any experience with lenders making non-recourse loans in this situation?

thanks in advance

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