Owner finance from self-directed IRA

[Chris Gilbert]

We found a rental house that we are interested in where the owner will provide financing. This house happens to be currently ownded in a self-directed IRA. Can the owner provide financing in this scenario, and are there any potential issues we should be concerned about?

[Dmitriy Fomichenko]

Sure, owner's IRA in this case can carry a note, there is nothing unusual about this.