Brooklyn, NY · Member since 2016 · 53 posts · 12 votes
Opening a self directed IRA for the first time to be able to use IRA funds to invest in RE (closing my first land deal as we speak), and wondering if anyone has experience with either New Direction Trust Co in Louisville, CO or Equity Trust Co in Westlake, OH. Good / Bad experiences? Thanks!
If speed of implementation is something you value, you may want to carefully consider going with Equity. From what I have heard from others' experiences, they often have long processing times. I would definitely continue to shop around for other SDIRA and Trust companies to get a full idea of your options!
Thank you both. I spoke with Equity Trust today and they claim that you can access your account from any device, anywhere and transactions will be done in appx 45 seconds. Sounds like this is different from what you've both heard about them however...