I had a question regarding the use of private money for self directed ira’s. You mentioned in the teleclass about trying to get the payments deferred… how exactly can you structure this? I spoke with someone from guidant and he informed me that two ways I can approach private money lenders would be to have them put a mortgage on the property or be part owner of the LLC that houses the property. I inquired about structuring it as a deferred loan and he said the loans they give out has to be like other fair market loans that are out now and “balloon” payments aren’t really practiced.

Can you please ellaborate on this?

Thanks in advance.