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Member since 2024 · 24 posts · 6 votes

Hello all,

I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction.  looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions? 

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Lender · Member since 2021 · 495 posts · 130 votes
2y
Quote from @Ane Deys:

Hello all,

I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction.  looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions? 


We can do non recourse in bridge debt under 1 million or on rentals at 60% ltv. I’m not sure if that would work 

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  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    2y
  • Lender · Member since 2021 · 495 posts · 130 votes
    2y
    Quote from @Ane Deys:

    Hello all,

    I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction.  looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions? 


    We can do non recourse in bridge debt under 1 million or on rentals at 60% ltv. I’m not sure if that would work 

  • 12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    2y

    tough for non recourse and they usually have reduced LTV's

  • Member since 2024 · 24 posts · 6 votes
    2y
    Quote from @Dmitriy Fomichenko:

     thanks Dmitriy.

  • Member since 2024 · 24 posts · 6 votes
    2y
    Quote from @Andrew Zamboroski:
    Quote from @Ane Deys:

    Hello all,

    I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction.  looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions? 


    We can do non recourse in bridge debt under 1 million or on rentals at 60% ltv. I’m not sure if that would work 


     thanks Andrew, can I DM you?

  • Lender · Member since 2022 · 441 posts · 134 votes
    2y

    Happy to help on non-recourse!

  • Lender · Member since 2021 · 495 posts · 130 votes
    2y
    Quote from @Ane Deys:
    Quote from @Andrew Zamboroski:
    Quote from @Ane Deys:

    Hello all,

    I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction.  looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions? 


    We can do non recourse in bridge debt under 1 million or on rentals at 60% ltv. I’m not sure if that would work 


     thanks Andrew, can I DM you?

    Sure!
  • Member since 2024 · 1 post · 0 votes
    2y

    Hello! 

    We recently finished our first property rehab and have the house rented now. The house is paid off so we’re now looking for the best way to use the equity from the rental house to fund our next property purchase & rehab. 

    Heloc, cash out refi, etc? What would be the smartest way to pull out the equity? Thanks for any input and we’re also looking for vendors who do long term loans like we might need. The local banks don’t want to lend past twenty years on a refi. 

    Thanks!

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