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HomeForumsClassifiedsDo YOU need $25K for rehab costs or a down payment?
William Simmons's profile image
William Simmons's profile image
William Simmons
  • from Ocean Springs, MS
  • Member since Oct 3, 2018
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William Simmons's profile image
William Simmons's profile image
William Simmons
  • from Ocean Springs, MS
  • Member since Oct 3, 2018
Connect
William Simmons
  • Ocean Springs, MS
2
Votes |
10
Posts
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Do YOU need $25K for rehab costs or a down payment?

William Simmons
  • Ocean Springs, MS
Posted Oct 9 2019, 13:56

I am looking to lend $25K out of my SD-IRA for an 11% return, with principal and interest payable back in one balloon payment up to 11 months later. We'll sign a promissory note and deed of trust for the property on which the funds will be used.

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