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Updated over 7 years ago on . Most recent reply

User Stats

79
Posts
43
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Phil Morgan
  • Investor
  • Amherst, OH
43
Votes |
79
Posts

Local investors using self directed IRA?

Phil Morgan
  • Investor
  • Amherst, OH
Posted

Hello, looking to talk to any local investors using funds from a self directed IRA. This is a strategy that interests me but I want to sit down with someone who has done it successfully instead of just hearing a sales pitch from someone wanting to set it up for me. Looking to either use it to finance flips or for buy and hold. I have a partner with a large 401k that we are looking to use in the business but not sure where it would make the most sense. Is this a strategy that anyone on here is using on a regular basis? Would you be willing to chat about it over drinks? Please reach out!

Thanks 

Most Popular Reply

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1,750
Posts
880
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
880
Votes |
1,750
Posts
Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Replied
Originally posted by @Phil Morgan:

Hello, looking to talk to any local investors using funds from a self directed IRA. This is a strategy that interests me but I want to sit down with someone who has done it successfully instead of just hearing a sales pitch from someone wanting to set it up for me. Looking to either use it to finance flips or for buy and hold. I have a partner with a large 401k that we are looking to use in the business but not sure where it would make the most sense. Is this a strategy that anyone on here is using on a regular basis? Would you be willing to chat about it over drinks? Please reach out!

Thanks 

 My wife and I personally do this and I have helped about 2 dozen investors roll plans to SDIRA to use for real estate. They rock. 

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