non-recourse loan lenders
Last week we discussed several of some common mistakes that IRA holders make — mistakes that you should definitely avoid. When it comes to preparing for retirement, you want to ensure that you are doing everything in your power to not only understand the rules of retirement plans but make those plans work for you,…
Read MoreWhen it comes to planning for retirement, there is nothing that should be left to chance. Furthermore, there shouldn’t be any ambiguity within your retirement planning and the steps you have to take to ensure that you are navigating your retirement plan correctly. It is essential that when you look for an IRA custodian, you…
Read MoreAmong the numerous benefits of opening a Self-Directed IRA — which have been talked about at length in our blogs — these retirement funds also allow you to partner your IRA with other entities, raising the amount needed to buy or invest anything from a single and multi-family housing to commercial property. Partnering your Self-Directed…
Read MoreRetirement income for an individual can come from several sources, whether it is a 401(k), SEP, social security, or a SIMPLE IRA, and these retirement accounts will usually have a number of tax advantages that are great for savvy savers. The same goes for Self-Directed IRAs — there are several attractive benefits, including great tax…
Read MoreWhen choosing a retirement plan that is right for them, many people scroll through the list of IRAs and may have trouble understanding the difference between them all. Each plan is governed by the same IRS rules and provides nearly the same tax advantages. However, a Self-Directed IRA is a traditional IRA, but it’s more…
Read MoreFall is here, which means that the cold weather isn’t far behind. This means that you may need to get started on the list of maintenance tasks that you’ve been putting off all season. You want to make sure that your rental property is in tip-top condition so you attract renters, and also maintain the…
Read MoreWhat is Cash-Out Refinancing and How Can it Benefit Your Self-Directed IRA or Solo 401K? Cash-out refinancing is simply taking advantage of or leveraging the equity built up over the years on your rental property owned within your self-directed IRA, solo 401K, or IRALLC. Through either paying off an existing non-recourse mortgage loan on the…
Read MoreA non-recourse loan is a loan where the lenders are allowed to foreclose on the collateral pledged for the loan, if the borrower defaults on their obligations and fails to pay their debts. Lenders are allowed to take possession of any assets used as collateral to secure these loans, and unlike recourse loans, only the…
Read MoreAmid the COVID-19 pandemic, nearly every single industry has been affected and faced with the unique challenge of finding ways to overcome the obstacles that the pandemic and the stay at home orders are leaving behind. This is uncharted territory for everyone, which leaves the real estate industry specifically two options: adapt to the changes…
Read MoreWith ambiguity still flooding the travel industry and people taking a break from vacationing, you may be pondering your current vacation property investment. COVID-19 has put a hold on many things, and vacation rentals have been no exception. People are concerned with their health and safety, as they should be, and are staying home due…
Read MoreWhen planning for retirement, the earlier you start saving and investing, the better off you are. Even if you start saving later, you are still contributing to a financial life vest that is going to keep you afloat when you face times of hardship or financial uncertainty. These times are often unpredictable, but just because…
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