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Chase Cannon
  • Attorney
  • Danville, PA
16
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24
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SDIRA Deal with 20% ROI in Indianapolis

Chase Cannon
  • Attorney
  • Danville, PA
Posted Jan 27 2022, 16:44

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $127,000
Cash invested: $55,000

Single-family 3BR 2BA. A suburb of Indianapolis. SDIRA deal. 50% done on a non-recourse loan. ROI is 20% annually. Set rate at 5% for the first 5 years. Plan to sell or refinance at the end of the term.

What made you interested in investing in this type of deal?

Using my SDIRA to increase my retirement portfolio

How did you find this deal and how did you negotiate it?

Rent to Retirement. Simple negotiation.

How did you finance this deal?

Nonrecourse loan for 50% down.

What was the outcome?

Holding for now.

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