Posts Tagged 'private money loans'

How Much Do Private Money Loans Cost

Posted on: October 5, 2011

Categories: Buy, Other Articles

Author: lbuen

How Much Do Private Money Loans Cost

Private Money Loans Up for Grabs With a Hefty Price

Private money loans may be more readily available as compared to traditional loans, but this accessibility comes with a price tag. True, you can do away with the piles of paperwork, credit check and other prerequisites required by banks and conventional lenders, saving you time and effort. In lieu of these is are steeper rates and points that you do not usually encounter when transacting with banks, making private money more expensive. Another reason why private money is dearer (and riskier) is because the loan is not insured by a bank or government entity. Let us get to know what these costs are.

Breaking Down the Cost of Private Money Loans

The price tag of private money loans can be broken down into two parts: interest rate and up front… Read the rest

What do you think? [ No Comments » ]

How to Flip Properties Using Other people’s 401k or IRA Funds

Posted on: September 15, 2009

Categories: Investors, Reviews

Author: buyfixandprofit

Did you know that you do not have to invest your retirement funds in the stock market?  Real estate prices are at historical lows and there may never be another buying opportunity like this one again.  Lifelong, conservative investor friends of mine that have always believed real estate investing was too risky are now purchasing and rehabbing properties using the money in their 401k’s and IRA’s.

The concept of investing in real estate or other assets in retirement plans has been around for more than 30 years.  These kind of retirement accounts are called self directed IRA’s/401k’s and are governed by the IRS.  There are strict rules that the investor must abide by in order to receive the tax benefits associated with these retirement savings accounts, but they are fairly straight forward.  ALL expenses associated with the purchase, rehab, and… Read the rest

Related Posts Plugin for WordPress, Blogger...

What do you think? [ No Comments » ]