It's a Great Time To Buy Investment Real Estate, But How?

Everyone realizes it's a great time to buy investment real estate, but how? Many people have longed to own investment real estate, realizing it is often the best way to long term wealth. But, coming up with the cash down payment, and taking on the extra liability of another mortgage are often obstacles. There is a great way, however, to invest in real estate without worrying about these obstacles, and most people don't even know it's an option. You can legally, and without penalty, use your retirement funds to purchase real estate, through a self directed IRA. Let's say you have $50,000 in your retirment account (we won't talk about what it was last year). You can use $30,000 to use as a down payment on a $100,000 investment property, and get a 70% mortgage. In this market, sellers will often cover your closing costs, so your funds go strictly toward the purchase price of the property. These loans are available to your IRA (not you), and the lenders do not consider your credit, your income, or your debt. To be honest, they don't care about YOU at all. This is an investment, and it is your IRA that is investing. You can purchase the property, rent it, own it, and eventually sell it... all in the name of your IRA. Sure, this type of investment is not for everyone. But, for those of us with more trust in the real estate market than the stock market, it might just be the type of transaction that allows YOU to finally get into real estate investing. We regularly coordinate webinars on this subject. If you're interested in registering, please contact me directly at vchrisner@kw.com.