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All Forum Posts by: Melinda Turner

Melinda Turner has started 1 posts and replied 5 times.

Post: Charlie Dombek CPA - self directed IRA

Melinda TurnerPosted
  • Pasadena, CA
  • Posts 5
  • Votes 0

Thanks Mark for the information.  Will order the book.

I ended up setting up a solo 401(K) and have rolled my IRA funds there. I now need to find a lender that does loans to retirement plans. Does anyone have a list of lenders who will lend to 401K's Are there any special rules I need to follow with this type of retirement plan?

No you were correct originally. My IRA is buying the property but I need a loan to make up the difference in funding.

Thanks Dmitriy! Yes I am using the IRA to acquire a rental property. It would be great if you could post the list. I'm sure there are others that would like to have the contacts as well.

Can a self directed IRA enter into a loan agreement where the owner of the IRA is a guarantor