It’s the same thing except it’s done in the name of the IRA and all the money comes out of the IRA and returns go back into the IRA. 

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.  

My thoughts on this platform are that it's another money grab.

What key factors influence your decision to partner with a lender for private money in real estate?

You would borrow against the equity at 7% or more, then use the money to pay off a credit card?

They saved up money.

Pretty easy to make 2% or more when you're spending that kind of money.

I own all my toys, never seriously worry about money (I suspect everyone with any money always at least pays attention to it), spend my winters in Florida and rarely work in any sense (I do some consulting and side teaching) more than 10 hours a week.

Also, how much time do you want to spend doing real estate vs. your main job or extra work in order to fund it.