Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago, 08/10/2015

User Stats

2,041
Posts
601
Votes
Brett Snodgrass
  • Investor
  • Indianapolis, IN
601
Votes |
2,041
Posts

Financing for an IRA or soloK

Brett Snodgrass
  • Investor
  • Indianapolis, IN
Posted

Hello, 

I am from Indianapolis, Indiana, and have a need to find out more information on my situation.

I have been buying properties out of my self directed IRA, and I own a few properties. I have one that we are rehabbing and I might need some financing for this home. Does anyone know of a lender, private or Traditional, that would finance a property held in an IRA?

The Ira owns the property free and clear. The Arv is around 120k. Its just outstanding de of Indianapolis. I'm just seeing what my options are, as we have never financed a property owned by our Ira? LTV doesn't need to be super high. 60-65% of ARV would be fine. This would be a refinance or Equity Line. Looking for a loan for 12-18 months possibly.

Thank you, and God bless, 

Brett 

Looking for

Loading replies...