What is a Self-Directed ROTH IRA with Check Book Control and why would I want one?
Good questions and let's get right to the core of it all. With a Self-Directed ROTH IRA with Check Book Control you can do everything that the Self-Directed ROTH IRA can do … • Buy anything within IRS IRA guidelines (not specifically prohibited) • Buy it with your IRA alone, or by partnering, or using a mortgage etc. • Sell it for all cash, part cash part mortgage where you play "Bank" etc. • • Plus with a Check Book Control Self-Directed ROTH IRA you can …. • Buy the same day a business opportunity arises (auctions) • Fund it the same day your IRA makes the purchase (auctions) • Sell it the same day you receive an offer etc. With a Self-Directed ROTH IRA with Check Book Control you have total control over transactions and immediacy of funding because you do not have to submit a "Buy Direction Letter or Form" or an IRA Funding Form.. You are not required to, prior to an IRA purchase, submit paperwork to your IRA Custodian and patiently wait for an answer or funding.
