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Updated over 8 years ago on . Most recent reply

User Stats

65
Posts
23
Votes
Mark Senecal
  • Specialist
  • Piscataway, NJ
23
Votes |
65
Posts

Notes in an SDIRA

Mark Senecal
  • Specialist
  • Piscataway, NJ
Posted

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

User Stats

53
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72
Votes
William "W.J" Mencarow
  • Investor
  • Kerrville, TX
72
Votes |
53
Posts
William "W.J" Mencarow
  • Investor
  • Kerrville, TX
Replied

Mark, Here are some of the reasons why a SDIRA might be right for you — or not:

https://www.washingtonpost.com/news/where-we-live/wp/2016/02/29/even-with-risks-more-investors-are-giving-self-directed-iras-a-closer-look/

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.

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