Posts by madwire
Non Recourse Loan Lender in Houston
First Western Federal Savings Bank is a FDIC insured Non Recourse Loan Lender! Houston area real estate investors are using their self directed IRA’s and IRALLC’s to purchase quality rental properties in Texas. With market rents continuing to be strong vs purchase prices, cash flow is producing positive rental returns and profits, whether the property…
Read MoreNon Recourse Loan Lender in Dallas, Texas
First Western Federal Savings Bank is a FDIC insured Non Recourse Loan Lender! Dallas area real estate investors are using their self directed IRA’s, 401(k)s and IRALLC’s to purchase quality rental properties. With rents continuing to be strong vs purchase prices, cash flow is producing positive returns, whether the property is free and clear, or…
Read MoreNon Recourse Loan Lender in Los Angeles
First Western Federal Savings Bank is a FDIC insured Non Recourse Loan Lender! Los Angeles metro area real estate investors are using their self directed IRA’s and IRALLC’s to purchase quality rental properties in Texas. With Dallas and Houston area market rents continuing to be strong vs purchase prices, cash flow is producing positive rental…
Read MoreNon Recourse Loan Lender in San Francisco
First Western Federal Savings Bank is a FDIC insured Non Recourse Loan Lender! San Francisco and Bay area real estate investors are using their self directed IRA’s, 401(k)s, and IRALLC’s to purchase quality rental properties with Non Recourse Loans in Florida and Texas. Dallas, Houston, Miami and other Florida area market rents continue to be…
Read MoreDebt Service Coverage Ratio (and what it means for your investment property)
Buying a property with a non-recourse mortgage can seem like an exceptional way to generate some additional income. And truthfully, it can be! As we’ve talked about, purchasing a property with a non-recourse loan and turning it into a rental can provide you with a financial asset, and a way to generate some revenue through…
Read MoreVRBO Vacation Rental by Owner
First Western Federal Savings Bank has been financing “Vacation Homes” for rent all across the country. Because of our customer’s success and repeat business, I attended the Home Away VRBO, www.vrbo.com, and www.Homeaway.com, summits in Atlanta and Denver over the past few months. I was fortunate to meet many vacation owners and hear their success stories. I…
Read MoreLeverage Your IRA Investment with a Non Recourse Loan
Join Roger St. Pierre from FWFSB and Dimitriy Fomichenko of Sense Financial for an informative webinar explaining the details of leveraging your next real estate purchase with a Non Recourse Loan.
Read MoreRetirement Industry Trust Association Annual Conference
The Retirement Industry Trust Association (RITA) held its annual conference in Washington, DC on March 23-24, 2015. I took the opportunity to sponsor this event and speak with the CEO’s of all the major self directed IRA Custodians, Administrators, and Facilitators of Self Directed IRA’s and 401K’s. This was a terrific event to hear from…
Read MoreRetirement Savings: Are You Setting Yourself Up For Failure?
Is there a retirement crisis looming? Many experts think so, given that “about 45% — or 38 million working-age households — have not started a retirement fund of any kind,” according to a May 6 article in the Huffington Post. This disaster-in-the-making can be easily remedied, with some definitive and smart saving. Other than not…
Read MoreAmericans Turn To Self-Directed IRAs For Smart Real Estate Investments
Have you turned to a self-directed IRA for a smart real estate investment? Nearly all Americans have heard about the looming retirement crisis. Figures such as “53% of the civilian workforce participates in or contributes to a retirement plan,” according to U.S. News and only 48% contribute to retirement accounts in the private sector, are sobering. When…
Read MoreHow a Pianist Bought a Building With Her Inherited IRA
A few years ago, a famous violinist died and left his daughter a total of five million dollars in assets. According to Forbes, part what was left to pianist Laura Harth Rodriguez by her deceased father was two million dollars in retirement accounts. What Rodriquez wanted to do was purchase a three-story-building in an up-and-coming neighborhood…
Read MoreBuying Real Estate With an IRA and a Non Recourse Loan
Presented by Mat Sorenson of KKOS Lawyers and Roger St. Pierre, Sr. VP First Western Federal Savings Bank Mathew Sorensen, Partner, KKOS Lawyers, and author of The Self Directed IRA Handbook and Roger St. Pierre, Sr. VP, First Western Federal Savings Bank, on Buying Real Estate with Your IRA and a Non-Recourse Loan. This webinar…
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