SDIRA Questions before I set things up

[Daniel Dietz]

Hello,
I have a BUNCH of questions about SDIRAs! I will put them under a couple different titles to keep things easier and clearer within the threads.

I have acquired the right to but a great older immaculately maintained duplex only a few minutes from my house. I am leaning heavily towards purchasing it within a SDIRA that I am going to be setting up this week. My other thoughts are to finance it conventionally outside the SDIRA, or possibly doing it on a land contract (the owners are thinking that over right now).

My questions are;

1) I am leaning heavily towards either UDirect IRA out of California - I have read good things about them and had some good phone talks with them. Any comments either way as to their level of service?

2) Can the SDIRA enter into a Land Contract?

3) I would be leaning towards doing a Non-recourse loan within the SDIRA. Does this need to be done from the start, or can it work like a 'home equity loan' and be done at a latter date (assuming I paid cash to start and had 100% equity in the property)?

I think that is it for this tread. Thanks for any help!

Dan Dietz