1. All About Roth IRAs

    With a self-directed IRA, you can apply for a non-recourse loan, which can be used to purchase a property that will be turned into a rental. It might seem simple, and to many in the financial world, it is, but some of that jargon can make understanding IRAs and non-recourse loans a bit more difficult. First Western Federal Savings Bank is here to explain how Roth IRAs work, and how they can be use…Read More

  2. Pros and Cons of Property Mangement Companies

    Pros And Cons Of Property Management Companies

    Once you’re approved for a non-recourse loan, you can truly begin thinking about your rental property. You’ll start thinking about its purpose, who it’s going to serve, and all the ways that you’re going to prepare it. The list of things to get your rental property ready is a mile long to say the least, but it’s fun and exciting all the same. At this point, many people start wondering if…Read More

  3. 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

  4. A Few More Vacation Trends To Watch

    Welcome back to our blog series on vacation trends! As an FDIC-bank and the nation’s leading choice in non-recourse loans, we are dedicated to keeping a finger on the pulse of types of investing trends. In the world of real estate investing, this is an excellent time to act on turning a property into a vacation rental. Not only will you have a property that could turn a profit over an extended p…Read More