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Updated over 7 years ago,
When does lending become feasible $$$
Sorry if this had been asked already,
I'm just curious:
At what point do you have enough money in a self directed IRA to consider lending?
I've seen lending from an SDIRA talked about quite a bit, but I'm assuming you have to have at least 100k or more to think about going that route correct?
Let's assume you're willing to lend in any market where you'd be willing to also buy a rental. So in my case that could mean homes down in the 50k+ range.
Do you just need to have the purchase price minus whatever the downpayment is?
Speaking of which, what is the typical down payment on a private money loan from a SDIRA?
Thanks for any info guys!