1. Prepare Your Summer Vacation Rental

    It seems like it was not that long ago that our non-recourse loan lenders were talking about prepping your vacation rental property for winter, but here we are, already thinking about summer! They weren’t lying when they said “time flies.” Summer is a big season for most vacation rental owners. You want to be sure that your rental is fully ready to withstand the heavy traffic of the season. …Read More

  2. Why Your Rental Property Shouldn’t Allow Pets

    Welcome back to our blog series on the pros and cons of allowing pets in your rental property. By allowing renters to have pets, you’ll likely have more renters to choose from, and could potentially see some financial benefits as well (check out our previous post for more details). But as is the case with everything in life, there’s always a catch. Our non-recourse loan lenders are going to ex…Read More

  3. Tips For First-Time Rental Property Owners

    It’s a decision that you’ve pondered over for months, maybe even years. You’re excited by the thought of passive income and investing in real estate. You’re finally ready to become a rental property owner, and buy your first rental property! This is quite an exciting time, but as is true with any new endeavor in life, there’s a steep learning curve. Our non-recourse loan lenders have com…Read More

  4. Rental Property Myths

    Rental property myths are practically a dime a dozen. When taking into account the current housing market trends and real estate market, rumors can easily fly. Our non-recourse loan lenders are here to dispel some of these myths so that you can be more informed when it comes to rental investment properties. Find out more, and begin your non-recourse loan application with First Western Federal Savi…Read More

  5. Rental Properties by Location

    Applying for a non-recourse loan is essential to purchasing a property that can be turned into a rental. You can own a rental property (and use a non-recourse loan to help obtain it) in any of the 50 states, but many people wonder: What kind of rental property should I set up? Do I want to have a vacation rental, or a long-term tenant rental (such as a property where tenants pay rent and partake i…Read More

  6. Three More Tips On Owning a Rental Property

    You’ve been with us all along for parts one and two, and in our third installment on our rental property blog, we’re going to look at some final tips on owning a rental property. The team at First Western Federal Savings Bank is the group of people you need to get the non-recourse loan you’ve been looking for. When used with your self-directed IRA, this creates an opportunity for getting a r…Read More

  7. Tips On Owning a Rental Property

    There are so many advantages to owning a rental property, and particularly, being able to acquire one through using your self-directed IRA in tandem with a non-recourse loan. With a rental property, you can receive an additional source of income, flexibility in how your income comes through, and a financial asset that could provide long-term value. Yet in order to make these advantages happen, one…Read More

  8. Due Diligence for Residential Investment Properties

    As the non-recourse loan lenders at First Western Federal Savings Bank know, performing proper due diligence is key to making any sound investment. Purchasing investment rental property using funds in your self-directed retirement account and non-recourse loan is no different. Having a strategy in place to evaluate the key metrics of an investment property can help you quickly and easily determine…Read More

  9. The History of the FDIC

    Going to the bank, setting up an account, ATMs, it all seems so simple. We can get paid and hardly think twice about it with direct deposit, we can transfer money from accounts practically seamlessly, it’s 2017 and the banking system as we know it is about as easy as can be. Many of these factors can be accounted for the FDIC, otherwise known as the Federal Deposit Insurance Corporation. But whe…Read More

  10. Non-Recourse Loans and Other Important Financial Terms

    The aspects and intricacies of the financial world come as naturally as breathing to some people. For many of us, however, the world of finances is practically its own separate planet, complete with a super confusing foreign language. However, there are some key financial terms that are important for everyone to know, even if they seem difficult to grasp and master. In order to build a better fina…Read More