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Questions about SDIRA Lending
Hi, sorry if this has been talked about in previous posts, but I couldn’t find any information regarding it.
would it be considered a disqualifying transaction if I lent money from a SDIRA to my rental home tenant so that he could buy the property from me? He wants to borrow 20% for the down payment, since I'm doing owner finance, and both that loan and the mortgage would ballon in 5 years. He is not a relative but I've know him for about 5 years now, this is the only way he could buy the house, and I would like to give him first dibs but if it's a disqualified transaction I will be listing the home I the MLS.