1. Understanding “Curb Appeal”

    By partnering with a non-recourse lender, you can use your IRA to start investing in real estate. This is a great way to make passive income if you plan on renting out your new properties or selling them later. But investing in property isn’t simply a way to print money. Not every investment into a home, apartment complex, or agricultural lot will yield a high return on your investment. Indeed, …Read More

  2. First Western Federal Savings Bank is a Sponsor at the 4th Annual Self-Directed IRA Summit

    The 4th annual Self-Directed IRA Summit was held on June 8 in Chicago and First Western Federal Savings Bank was honored to be a sponsor of the event. Our very own Roger St. Pierre, Senior Vice President at the bank, was able to speak about non-recourse lending and self-directed accounts. The summit focused on helping new investors seeking to master the foundational concepts of the loan, as well a…Read More

  3. 11 Features to Look For in an Investment Property

    Even though investing in a rental property can be a method of earning some passive income, anyone looking to invest in real estate has to dive deep into the responsibilities (both upfront and long-term) investment strategies, the real estate market, and the long-term potential for growth, or even the potential for a decline in the value of the property. When investing is simply approached from the…Read More

  4. Which IRA Is Best?

    It doesn’t matter how old you are, it’s never too early to start thinking about your retirement savings. Interestingly enough, however, your retirement savings don’t need to solely be used for retirement. With the right circumstances and the right IRA, you could actually use your IRA for investment opportunities — if that’s something you’re interested in, of course. The non-recourse le…Read More

  5. 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

  6. 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

  7. 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. Many people feel like this is a time-consuming process, however, 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…Read More

  8. 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

  9. Using Your Self-Directed IRA

    Oftentimes, people contribute to an IRA without much thought going into what they are doing. And, gradually, over time, it may slowly build and hopefully one day they can retire and have their money doing the work, while they rest. Many people fail to recognize that there are other financial opportunities available with their IRA.  We’re going to go over some of the many reasons that using a se…Read More

  10. 401K (Solo 401K) Non Recourse Loans

    401(k) or Solo 401(k) Non-Recourse Loans are a great way to leverage your 401(k) funds to get a better return on your money. Financing the purchase or refinancing a purchase of real estate inside of a Solo 401K has some distinct advantages over using a Self Directed IRA to buy and fund real estate purchases. The process is the same no matter the retirement entity purchasing the property and fundin…Read More