Hello BP, I have 100000 in an ira/llc and am wondering how one can use nonrecourse loans to by multiple properties specifically how/can you use the part of the ira for down payments on multiple properties and get a lo...
Is it possible to set up a SEP IRA to be a self directed IRA/checkbook IRA/LLC IRA? I max out employer sponsored 401k. In addition have a separate C corp and am considering setting up a SEP IRA. Not eligible for Rot...
I am currently analyzing an off market deal in a small college town, that is currently operating as college housing with a "rent by the room" style.
In order to make this deal work need to use my own retirement fund...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $135,000
1/1 per unit Duplex
What made you interested in investing in this type of deal?
It was a t...
Has anyone worked with a real estate savvy CPA in Portland, OR? I need a CPA to help with a tri-plex deal. Looking to convert traditional IRA to SD IRA to use for part of a down payment and rehab. Referrals appreciate...
Several years ago I set-up a Self-Directed Checkbook LLC IRA. I am aware (mostly) about prohibited transactions. Most are clear cut. In this case I have some money in the LLC checkbook. I'd like to invest it since it'...
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
I have a mortgage in my sdira. I am interested in having my sdira take a loan from a bank with the mortgage as collateral. Is this allowed ?
We would like to put our IRA to work leveraging some rental properties. We are in MO. Plan on financing for 5-7 years, paying off the loans and dumping anything left back into the IRA until retirement. We are currentl...
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...