Today, after several years of effort, Vacation Finance has a lender willing to make ‘non-recourse’ mortgage loans to Real Estate in Self-Directed IRAs. With real estate at bargain low prices, and stocks continuing a depressing fall that leaves them at a 10 year loss, Self Directed IRAs are finding new appeal.
In a Self Directed IRA you can buy any many types of investments: gold, mortgage notes receivable, promissory notes, commodities, private stocks, equipment (think vending machines) and real estate. This includes vacant land, rental houses, condos, office and retail buildings, TIC interests, tax liens and leases.
The opportunities abound. Vacation Finance’s new mortgage loan program will allow your IRA to borrow up to 70% on qualifying rental real estate (condos and 1-8 unit homes). The property must produce enough income (rent) to make the payments, and there are many conditions and qualifications, so please contact us for more details.
The rent/income flows to your IRA, so it grows tax deferred. If you own real estate today, you can transfer it to your IRA and you don’t need personal income to qualify for the new loan. Your personal credit rating doesn’t matter either.
This mortgage loan program will open the door to real estate investing for many people, and will make it more profitable for those already investing in properties.
contact us: info@vacation-finance.com
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