Updated about 14 years ago on . Most recent reply
why a Hard money lender only fund to fund to Self-Directed IRA?
I have a deal try to get hard money financing. I have been told that as an individual without an llc or corp, they can only fund to Self-Directed IRA.
does anyone know why? and how does it work?
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Chris Clothier
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Chris Clothier
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Nate -
You definitely want to get a mentor or an experienced investor giving you some advice before you sing a hard money loan. I have never heard of a traditional hard money lender who would only lend to an entity. You do not have to have a SDIRA to borrow from most hard money lenders.
Chris
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