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Real Estate Private Lending

81 members • Free

2 contributions to Real Estate Private Lending
Lending with Self Directed IRA's
When I left my jobs in my 20's, I rolled my IRA's into my new job's plan. Eventually, I learned about self directed IRA's. When I left the logistics industry, I rolled my IRA's and 401k's into a Self Directed IRA. I flipped a couple of houses, but it was a pain! You have to be very strict with how you use the funds and you have to pay every bill, including $15 electric bills with your IRA. It can be cumbersome because there are a lot of transactions. I decided I'd just lend that money out and make a return that way. I've never looked back! I'm curious to see how many people are using Self Directed IRA's vs others who have never heard of them!
Poll
6 members have voted
0 likes • Jun '24
Can you give a little more insight or explanation on IRA and self directed IRA ?
Welcome!
I was hoping to get 10 or so to join but we are over 50! Thanks for being here. If you're here to learn, introduce yourself? Are you here to find out how to lend money or how to find money?
1 like • Jun '24
Thank you for the welcome! Always ready to learn a good line of business especially from a person that’s good at it! The names Elyse, worked for Mr. Costantino and learned a lot along the way. I’m here to learn more and make investments in life where I would never have to work for anyone. BRRR/Flip/Lending. No finish line here
1-2 of 2
Elyse Alvarez
1
4points to level up
@elyse-alvarez-3649
Future Entrepreneur /Real Estate Investor/Money Making Woman in the heart of Pittsburgh PA

Active 429d ago
Joined Jun 12, 2024
Pittsburgh
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