I've managed to secure the loan for the new house without having to sell the old house first.

@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.

That is usually how they determine your LTV (Loan To Value).1.

That first deal after a break can feel like a big leap, but it sounds like a great opportunity.On financing, seller financing, private lenders, or portfolio loans from local banks could be worth exploring if you want alternatives to hard money.Excited to see how this deal goes for you.

When my loan was not going to close, it was one of the options that my broker and lender told me about and actually referred me to for a conversation.

With countless loan options, complex terms, and strict lending criteria, it’s easy to feel overwhelmed.

Hi Meghan,   My wife and I live in Coon Rapids, but have 2 rental houses in Duluth that we rent to college students.

Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans? 

You can open a Self-Directed IRA and use the IRA funds to buy a house using a Non-recourse loan. 

Business loans typically won't let you purchase a property if you read the fine print.