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Updated about 5 years ago on . Most recent reply

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195
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112
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Harish V.
  • Investor
  • Fremont, CA
112
Votes |
195
Posts

refinance property in SDIRA in Lubbock, TX

Harish V.
  • Investor
  • Fremont, CA
Posted

I am looking to refinance property property in Lubbock, TX. The property is held in SDIRA.

Would like to connect with any lenders/investors who can help.

Most Popular Reply

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,290
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17,886
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Harish V.

Since you are considered to be a "disqualified person" to your IRA, and the IRS rules prohibit providing personal guarantee, you must use non-recurse financing. Here is a list of lenders specializing in this area, one of them should be able to help you:

https://www.biggerpockets.com/...

  • Dmitriy Fomichenko
  • (949) 228-9393
  • Loading replies...