Did you know your retirement account can act like a bank?

Question

With a Self-Directed IRA, you can become a private lender and fund real estate deals while your profits grow tax-deferred or tax-free.

How it works:

• Your self-directed IRA lends money to a real estate fund or investor
• The loan is security by real property
• You earn interest which is paid back directly to your IRA
• No stock market volatility and no landlord headaches

Why investors love it:
• Predictable returns
• Asset-backed security
• Control over where your retirement money goes
• Passive income inside your IRA

NOTE:  You can’t lend to yourself or certain family members; but when done correctly, this strategy can be powerful.

Curious if this fits your retirement strategy? Let’s talk.

Kevin Sobilo · Answer

@Dawn Hryshko, are you a custodian for self directed IRAs? What about checkbook IRAs?

If not, do you have any recommendations for a custodian?

Dawn Hryshko · Answer

@Kevin Sobilo  I am not a custodian for self-directed IRAs.   Our company works with self-directed retirement accounts from a lending perspective.

I am in Ohio and there are 2 great custodian companies you can work with:  Equity Trust and Iplan.

Dawn Hryshko · Answer

Kevin, our company works with Self-directed accounts as a resource for them to lend funds to.   We pay them interest quarterly for the use of their funds.   We then lend the funds to real estate investors.   We have not lent funds to self-directed accounts.