1. Benefits of a Self-Directed IRA

    We’ve mentioned it a number of times: you can use a self-directed IRA to apply for a non-recourse loan, which can then be used to purchase an investment property. We’ve focused nearly exclusively on the non-recourse lending side of things (which makes sense, considering that’s in our wheelhouse), but we’ve yet to spend some time discussing self-directed IRAs. A lot of people want to get in…Read More

  2. How To Set Up A Self-Directed IRA

    A self-directed IRA is a necessary financial tool for all adults to consider. There are plenty of benefits that come from this type of retirement plan — all of which we’ll cover in an upcoming post — but in today’s blog, we’re going to address how to set up a self-directed IRA. With this retirement plan you have the freedom to invest in other types of investments such as real estate. Whe…Read More

  3. Why Are Fewer People Buying Homes?

    As we stated in a previous blog, fewer people are buying homes than in the past 50 years. On top of that, many people are having some serious buyer’s remorse — in fact, nearly 70 percent of millennials who have bought their home regret doing so. We’ve started to touch on this in prior blogs, but this presents an incredibly unique opportunity for you, as someone who invests in rental properti…Read More

  4. Current Mortgage Trends

    When we’re looking into a bigger project or bigger investment, doing our research is crucial. Choosing a college, for example, means looking at the necessary requirements, as well as figuring out if it’d be a good fit for you. Buying a house means researching the neighborhood, completing an inspection of the house or property, and figuring out the financial impact that this will have. In addit…Read More

  5. Facts On Debt

    Welcome back to our blog series on debt! In our first blog, we covered some important ways and strategies that can help you better manage your debt. Debt can feel very singular, but nearly all of us are affected by it. Today, our non-recourse lenders are going to examine some of the current facts and debt trends in the United States. When we have more information on a topic, we’re more equipped …Read More

  6. Tips For Paying Off Debt

    There are a number of requirements you need to meet in order to qualify for a non-recourse loan. From the correct documentation to the correct type of rental property you’re looking to purchase, you need to have all your ducks in a row when you start the application process. But even before that happens, you need to make sure your credit’s in a good place — and for that to happen, you need t…Read More

  7. Necessary Documentation for a Non-Recourse Loan

    When you’re applying for a non-recourse loan, there’s a good chance you’ve already looked at our online application (if not, view it here). The application itself can seem pretty detailed and even a bit complex, but we promise that our non-recourse lenders are here to help make everything a bit simpler and more transparent. There are a number of things that you need to include with your appl…Read More

  8. What Rental Property Refinancing Can Do

    Refinancing is an excellent way for you to better manage your non-recourse loan or mortgage, and our team can help. But many people feel like this is a time-consuming process, and one that doesn’t fully give you the best bang for your buck. The non-recourse lenders at First Western Federal Savings Bank are here to explain why refinancing is an excellent financial opportunity, and why it’s one …Read More

  9. Preparing Your Vacation Rental Tip #4: Making Guests Feel Welcome

    Welcome to the fourth installment of our blog series on preparing your vacation rental property for summer! The months of sunshine and pool time are full of trips and travel, which makes this a great time to make sure your vacation rental is ready for guests. As a way to maximize your investment property, you want to ensure that visitors love your rental, rate your rental highly (encouraging other…Read More

  10. Preparing Your Vacation Rental Tip #3: Set Up Procedures

    Welcome back to our blog series on preparing your vacation rental property for the summer! In our first post, we discussed how it can be important to do a run-through of your appliances and air conditioning to ensure general maintenance is performed as necessary. Our second blog of the series discussed the importance of decorating your vacation rental property to ensure it has a cohesive look to i…Read More