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Does it take a long time to make an investment with a self-directed IRA?

April 26, 2017Investment IRA self-directed time

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Does it take a long time to make an investment with a self-directed IRA?

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Sometimes. A traditional self-directed IRA custodian makes investments like tax liens, foreclosure homes and real estate difficult and the client cannot have any personal interaction with the IRA funds. The client also has to petition the IRA custodian to make an investment on their behalf. Banks move at a much slower rate than the investment community.