SDIRA -- Friendly Banks Offering Interest

[Matthew Holden]

I invest through a company that does group loans to borrowers doing SFH rehabs and flips. Often, I have cash sitting around between opportunities and have looked all over for a bank that will hold the cash in some kind of interest-bearing account. So far I keep hearing about Titan and Solera banks but they only offer checking with no interest. Has anyone heard of a bank that is friendly to Self Directed IRAs and offers interest.

[Brett Synicky]

@Matthew Holden

Do you have checkbook control or full custodial SDIRA? Tasty Trade is a brokerage that has allowed IRA LLCs/Trusts to open brokerage accounts. Worst case you can transfer the money from the current custodian into Fidelity and back and forth it would just create work for you and possible wiring fees....