Any advice for lending from an SDIRA?

[Marc Izquierdo]

Hi everyone,

I have a private lender lined up who will be lending (unsecured) to me from their SDIRA (checkbook controlled IRA). I'm just a bit confused about how to get the ball rolling. It is as simple as finding an attorney to put together a promissory note and then transferring the funds from the SDIRA to my account? I'm only a bit hesitant because it's an IRA and I do not want to make a wrong move and trigger a taxable event or a penalty. Does anyone have experience with this type of transaction or maybe even know an accountant and or lawyer in the Eastern PA area that would be a good resource to talk to?

Thanks in advance

Marc