Directed IRA Podcast

Private Lending and Hard Money Loans with a Self-Directed IRA or Solo 401K

9 snips
May 19, 2025
Discover how a Self-Directed IRA can transform your retirement savings into a private lending powerhouse. Learn the mechanics behind secured loans and the importance of assessing borrowers and properties. Debunk myths surrounding private lending and navigate essential documentation like promissory notes. Explore payment structures and their impacts on investors and borrowers. Enjoy tax-free growth while leveraging your networks in the real estate community to maximize wealth and opportunity.
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INSIGHT

Private Lending Isn't Riskier

  • Private lending is not inherently riskier than bank lending due to secured assets and fast decision-making.
  • Private lenders often outperform banks by being nimble and securing loans with substantial equity protection.
ADVICE

Use Title Company for Liens

  • Avoid relying on borrowers to record liens; always use a title or escrow company.
  • Charge the borrower for closing costs as banks do to protect your loan’s security.
ADVICE

Stay Active on Loan Payments

  • Stay actively involved in loan management by tracking payments and enforcing terms.
  • Address missed payments promptly to avoid bigger losses; private lending is not passive income.
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