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Updated over 8 years ago on . Most recent reply

Sathya Weerasooriya's profile image
Sathya Weerasooriya's profile image
Sathya Weerasooriya
  • from Philadelphia, Pennsylvania
  • Member since Mar 15, 2017

User Stats

8
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2
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Sathya Weerasooriya's profile image
Sathya Weerasooriya's profile image
Sathya Weerasooriya
  • from Philadelphia, Pennsylvania
  • Member since Mar 15, 2017
Sathya Weerasooriya
  • Philadelphia, PA
2
Votes |
8
Posts
Personal Finance

Self Directed IRA for land purchase

Sathya Weerasooriya
  • Philadelphia, PA
Posted

I have a traditional loan in my primary house. I do not want to sell it just now. I wanted to invest in a secondary property that can double up as a rental (MFH). Can I buy a land using self-directed IRA, then build using hard currency loan and finally refinance with a traditional loan when my primary house is sold?

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