Rental income and interest from loans made by the IRA to others are fully tax sheltered.If debt-financing such as a mortgage is used, the debt must be non-recourse and the use of debt does create a small tax liability on the portion of the income attributed to the non-IRA (borrowed) money. 

What’s he borrowing the money for?

I've grown to learn that not all banks or lenders are the same and they have different appetites for certain types of borrowers, collateral, loan types, etc.I've definitely done BRRRs in my market without seasoning.

Experienced and decent borrower too who actually got a CA bond to pay for the horizontal improvements. 

In order to have personal access to and use of that currently tax-sheltered retirement plan you must take a taxable distribution.A self-directed IRA is simply a means to diversify retirement savings and have broader investment choices. 

Borrower can buy it for approximately $2.5M. 

I have a loan officer telling me he doesn’t recommend a heloc because of the variable interest rate, but when listening to the podcast, I’ve heard the guys favor a heloc and it just seems like the top choice of people I’ve talked to in similar situations.

We have not made very good financial choices over our short marriage.

She may be able to get an FHA loan with 3.5% down So, she can borrow $87,000 and she has given you $10k.

Quite a few of our borrowers have had successful flips in and around Richmond, Charlottesville, and Roanoke.