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Tax, SDIRAs & Cost Segregation

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Patrick Leung
  • Real Estate Professional
  • Flushing, NY
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Purchasing Mix-Use Property commercial re-finance

Patrick Leung
  • Real Estate Professional
  • Flushing, NY
Posted Nov 7 2019, 13:26

Hello,

I am planning to purchase a mix-use property in NYS with my business partner:

1. Purchase Price is $250,000

2. 100K from self-direct IRA investment to LLC that is purchasing property

3. 150k cash from partner

Is it possible to do a commercial re-fiance loan?