–Lend money in IRA
Lend money in your IRA Let’s say you want to lend money in your IRA for a real estate investment. Let’s say it’s a Fix and Flip To find fix and flippers, the easiest way is to go to a Real Estate Investors association meeting. REIA. You can find them by Googling them in your city. […]
–Borrow Money in IRA
The IRS prohibits borrowing money from a self-directed IRA, but there are some ways to get short-term access to funds: Rollover rule Move funds to a different retirement account for up to 60 days. However, if you don’t repay the funds on time, you could lose the tax-advantaged status of the account and face penalties. […]
-Hard Money Private Lenders
Hard money private lenders are people that lend private lender money through IRAs but they tend to broker them instead of lend money themselves. It is more expensive to use a hard money private lender than a regular private lender,
-Private Lenders IRA Money
Using private lenders is one of the best ways to fund projects. Learn about self-directed IRAs and using Private Lenders.
-Partners JV
Getting joint venture partners is not an easy feat. The more people you know the easier it is. And once you have some successful projects, somebody that can vouch for your honesty and your ability to deliver on time, it’s easier to get new ones. There’s a big difference between a joint venture partner and a […]
–Self Directed IRAs
Self-directed Ira’s are IRAs that are allowed to do non-traditional Investments such as real estate Investments. We use private lenders that use self-directed IRAs. You can do many things in a self-directed IRA that you can’t do in a regular traditional IRA. Think of your IRA as a company or Corporation that invests in real […]
-Hard Money Brokers
Hard money brokers are lenders who lend money based on the asset and not on the person borrowing the money. They are also called asset lender financing. Hard money is expensive money because it charges points and higher interest but it is easier than Traditional Bank financing. It is used and Fix and Flip loans and […]
-Mortgage Brokers
Mortgage brokers are licensed people that can advise people on getting residential and Commercial loans. If it is owner occupied, they have to use the new laws through Dodd-Frank. The CFPB oversees legal enforcement for Residential Mortgages. he Dodd-Frank Wall Street Reform and Consumer Protection Act introduced the Ability-to-Repay (ATR) rule to ensure that lenders […]
-Banks
Banks can help you get loans and credit cards. It’s important to have a good credit rating and to help other people get a good credit rating. See our financing section for Real Estate Investors.
Future Discounting
Future discounting is a strategy that we use in real estate investing. Let’s say that we have a sandwich lease option, where we’re leasing from a seller with an option to buy. We have two more years on a lease and the option before it expires or needs to be extended. And let’s say that […]