Non-recourse loan concerns

[Kevin Kizer]

I'm struggling to see how I can reasonably leverage my self-directed IRA money in real estate investing. The non-recourse loan requirements of high interest, shorter term (max 20 years), 60% maximum financing, and requirements of a 15-20% buffer really limit my ability to make the numbers work in a deal. And if I want to refinance (like BRRRR), they only lend 60% of the actual cash outlay, not on the appraised value of the property. Am I not understanding something?