Purchasing Rental Property With a Non-Recourse Loan
Have you ever considered using your self-directed IRA to invest in real estate? By purchasing a second property, you can use it as a rental and generate additional income. At First Western Federal Savings Bank in Rapid City, we suggest leveraging your self-directed IRA with a non-recourse loan. It works in tandem with your IRA and prevents you from being held personally liable for the loan. Read on to learn more about purchasing a rental property with a non-recourse loan, and contact us with any questions.
Real estate is among the most unconventional assets you can invest your self-directed IRA in, but it’s perfect for diversifying your portfolio. Non-recourse loans, when combined with your current funds, provide you the opportunity to acquire the rental property of your dreams. 
Buy Real Estate With Your Self Directed IRA
Earn Passive Income With Unlimited Potential
In most cases, rental property is considered passive income because it generates income without much effort on your part. Depending on the property you choose, this could open the door to unlimited earning potential! Purchasing a rental property with a non-recourse loan will change your retirement and financial future for the better.
[/bs_col][/bs_row] There are countless options when it comes to choosing a property to purchase. The criteria are as follows: 
Invest in a Property You Love
First Western Federal Savings Bank Can Help
Are you interested in using your self-directed IRA to invest in real estate? The team at First Western Federal Savings Bank in Rapid City, SD, is here to help. We make it easy for you to secure the non-recourse loan you need for the perfect rental property! Applying is simple, and our loan lenders can get you approved.
If you’re looking to generate additional income, purchase a rental property with a non-recourse loan. Contact us to begin.