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49
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James Harper
  • Real Estate Investor
  • Boise, ID
11
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49
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Looking for Non-Recourse Loan Lenders for my SD Roth IRA (Besides NASB)

James Harper
  • Real Estate Investor
  • Boise, ID
Posted

I have one property in my SD Roth IRA that I will be paying off the current Non-Recourse loan at the end of this year. I am looking to leverage this paid off property with another Non-Recourse Loan, so I can use the proceeds to purchase a 2nd property under the same SD ROTH IRA. Issue I see is all of the loan fees from NASB. I live in Idaho (not a rural area)

Anyone deal with anyone else that is reputible and is willing to take a note without huge pre-payment penalties? (So I can paydown the loan $5K a year with my yearly contribution?)

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8,794
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
4,383
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
Replied

I would suggest calling Kaaren at UDirect. She can likely point you to people currently funding non-recourse product for SDIRAs since this is what she does all day long. If you PM me I am happy to make an introduction.

BTW...welcome to BP James!

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