Can an LLC qualify for an FHA loan?
Im wondering if an LLC can qualify for an FHA loan. I have a 401k account from my previous employer which I need to roll over to something. I recently discovered from the Bigger Pockets Podcast that I can use those funds for real estate through a self directing IRA account. From my understanding I need to set up an LLC, and a new Roth IRA account, which I can transfer the funds to my LLC when received. I have read that LLC's can be approved for an FHA but would like to hear what the real estate community has to say about this. Does anyone have any experience or advice that I can use?