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Updated almost 8 years ago on . Most recent reply presented by

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Percy Yarleque
  • Real Estate Investor
  • Herndon, VA
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Using Self-Directed IRA For Wrap-Notes doing BRRRR Strategy

Percy Yarleque
  • Real Estate Investor
  • Herndon, VA
Posted

Maybe this is ludicrous or not sure if it has been done before, but has anyone been able to do a wrap-note with a self-directed IRA If you're trying to do the BRRRR strategy?

I purchased a house using HML and will be seller financing it to an end buyer, but would like to use my self-directed IRA to do the refi and wrap the note around. I'd appreciate the assistance!

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Percy Yarleque, all transactions involving an IRA must be "arms length", meaning that you personally or any other "disqualified person" can't be part of the transaction in any way.

  • Dmitriy Fomichenko
  • (949) 228-9393
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