A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

Quote from @Denise Brown-Puryearise Brown-Puryear: Quote from @Jamie Bateman: For full disclosure, I will say that I am a partner in a brand new loan servicing company that just opened its doors.

And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?

I know out here on the West coast with our digitalized title plants that each title company has it would be a matter of a few clicks for customer service department to transmit a copy of the mortgage to me..

Hire a property management company who will manage it for you.

Or does one need a special license / need to open a company?   

You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.  

Tardus is a wealth coaching company. 

@David Matarazzo  Did either of you move forward with them for property loans?

If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.