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Updated over 8 years ago on . Most recent reply
Notes in an SDIRA
I am new to real estate investing and still work a full time job. I don't have much time or energy at the end of the day so I need something passive.
People have been recommending notes to me. I don't know very much about them and want to know how to get started. I have an SDIRA to use for funding. Are notes practical in an SDIRA?
Thanks - Mark
Most Popular Reply
Mark, Here are some of the reasons why a SDIRA might be right for you — or not:
Notes can be practical in a SDIRA, esp. a Roth IRA. Make sure that the notes are high quality and unlikely to go into default.
Some books to consult are "The Ultimate Guide To Self-Directed Retirement Plans" by Thom Garlock; Steve Case's book "Tax Free Note Investing," and "Your IRA Can Buy Notes & More" by John Merchant, J.D.