Rules to follow when investing in real estate using an self directed IRA:
- Select highly a experienced operator to partner with only.
- Opt to receive fixed monthly interest check for your returns that you can count on (8-10% interest).
- Choose properties that are in an excellent part of town with equity.
- Receive a recorded mortgage against the property to protect your interest.
- Choose a reputable, and well respected company.
- Do your research and build a long term relationship with anyone prior to partnering.
- Make sure your attorney thoroughly reviews all paperwork involved prior to lending.