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Updated over 2 years ago,

User Stats

117
Posts
32
Votes
Mark DiPietro
  • Rental Property Investor
  • Mooresville, NC
32
Votes |
117
Posts

Friendly lender for residential using a self directed IRA

Mark DiPietro
  • Rental Property Investor
  • Mooresville, NC
Posted

Does anyone know of a friendly lender that will allow conventional financing for a long term residential rental using self directed IRA money?

I tried to close on a property recently but the lender would not allow the close in an entity. i know this is typically common when trying to o a conventional loan and close with a LLC, but I didn't realize it was the same with a SD IRA.

In the end, we closed, but we had to use other money and it was a PITA. I want to use the money in the SD IRA still, but don't want to go through the crap again.

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