Good morning everybody, Chris Seveney here from 7E investments and cohost of the good deeds note investing podcast. Hope you’re all doing well.
Today I want to talk about something I learned yesterday which was if you’re using a self directed IRA and say it owns a note and you have to foreclose on the property or do some type of action. What I never realized was a, the deed that needs to get signed has to be signed by the actual a self directed IRA company even though it’s your Ira, you can’t sign it. It was a lesson that caused a little bit of a delay on a closing because I didn’t know that.
Listen to the full video to here more.