Private Lending
4 articles
How do I structure a promissory note?
Private lending is one of the more straightforward investment strategies available to a self-directed plan. Your plan acts as the lender, a borrower receives capital, and the note documents the terms of repayment. With checkbook control, you can fund ...
What is the difference between secured and unsecured lending?
The distinction is straightforward: a secured note is backed by collateral, and an unsecured note is backed only by the borrower's promise to repay. That difference has significant implications for your risk as a plan lender. Secured lending A ...
Do I need an LLC for private lending?
No. Private lending can be executed directly through an IRA Trust or Solo 401(k) trust without an LLC. For most note investments, either type of trust is a capable and efficient vehicle with no additional entity layer required. When the trust is ...
Should I use a note servicer?
Whether to use a note servicer depends on your level of lending expertise and the number of loans you intend to issue through your plan. First-time lenders will benefit from the compliance infrastructure and process expertise a servicer provides. ...