Self-directed IRA geared towards money lending

[Michinori Kaneko]

Hi BP Community,

I have a pretty significant amount of 401k from my prior employers invested in mutual funds, but thinking about moving it into a self-directed IRA and lending out the money from it instead. I wanted to see if anyone does anything similar and curious about:

1. what vendor they use for their self-directed IRA

2. what the process around cutting checks and depositing works

3. turn around time on funding the loans from when you initially request.  

4. any other fees needed for the self-directed IRA.

Please let me know if you have any insights! Thank you.