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Updated almost 5 years ago on . Most recent reply

Looking for Non Recourse Lenders in North Carolina
Hello
Does anyone know of any lenders that offer non-recourse loans of under $1 million in North Carolina? I'm looking to invest in a rental to buy & hold, but need to figure out how much I can borrow before setting the parameters for the property search. It might be anything from a single family to a 5+ unit rental, but until I know how much money I have to use, it limits my search.
I'd like to invest within a self-direct IRA. The trustee tells me that if I use any borrowed money, it must be a non-recourse loan. Of course I started Googling, but all Google seems go give me is useless information.
Any info at all would be appreciated, please direct message me on Bigger Pockets if you can.
Thanks
Most Popular Reply

- Solo 401k Expert
- Anaheim Hills, CA
- 6,270
- Votes |
- 17,873
- Posts
Over the years I assembled a list of lenders offering non-recourse loans for IRA/401k, here it is:
https://www.biggerpockets.com/member-blogs/2810/50272-list-of-non-recourse-lenders-for-self-directged-ira-and-401k
Hope this helps!
- Dmitriy Fomichenko
- (949) 228-9393
