Topic: Safe And Secure Private Money Lending Is Possible

The real estate market might not present the best opportunity to sell your property at this point of time but it sure does present a good time to invest in this market. As a savvy investor, this can be the perfect opportunity to get hold of property that has been in your radar for quite some time now. This is possible through safe and secure private money lending activities where you can gain the amount as desired with minimum hassles. This means that your investment will provide consistent returns in the future while the interest rate charged on the loan amount will be quiet less as compared to the environment where the real estate market is booming.

Another important point regarding private lending is the ability to work out a suitable deal based on the property in which you are investing. The best part of securing loans from private lenders is the possibility to develop long-term relationship with them. This is significant for those interested in dealing in a proper manner in the real estate market. Thus, private lending helps in significant wealth build up in the future since the deal can be worked out depending on the quality of the property being purchased.

The private lender will also provide the necessary details regarding the current real estate market scenario before providing the loan thereby making it an informed choice for your investing needs. Thus, you can be sure that the property where the money is being invested has been researched at both ends. This is because the private lender will not provide loan for properties, which do not show promise for the future. Since short sales are flooding the market and number of foreclosures increasing this is the perfect opportunity to invest in the real estate market through private lending activities.

Real Estate IRA Can you buy Real Estate with your IRA or IRA Rollover

How to Make Use of Your 401k to Cover Expenses For Higher Education

There are those times when suddenly you would need additional money due to an unanticipated expense. This is particularly true with higher education since there could be various things that you might suddenly need to pay for aside from the usual tuition fees, and miscellaneous fees needed to carry on one’s education.

View full post on Investing: IRA 401k Articles from EzineArticles.com

An IRA Rollover Vs Transfer

Knowing the difference between an IRA rollover VS transfer can save you money, when tax-time comes around.  Although the terms are often used interchangeably, there are several really big differences between the rules that apply to each.  Here’s a quick look, along with a little investing advice.

You see, transfers are like “bank-to-bank” transactions.  You initiate the transaction, when you contact a new custodial company, who, in turn, contacts your previous custodial company.  Some paperwork will be involved, but the IRS is not notified of the transaction, since you, personally are never in possession of the funds.

True roll-overs require the liquidation of all assets held within the account and a check, made payable to you, is put in the mail.  If you choose this option, you should also choose a more secure delivery service than the US mail.  Security is just one of the things that make a difference when comparing an IRA rollover VS transfer.  Transfers are more secure transactions.

Another thing to consider is this.  Rollovers are reported to the IRS.  They allow you to take 60 days to find a new custodial company and redeposit the check, with another IRS approved plan.  Your new trustee should provide the necessary paperwork, to be attached to your year-end tax documents and prove that you made the deposit within the require time.  If something goes wrong, the account balance could be considered regular income for the year.  For most of us, that would be a bad thing.

Because of the paperwork involved and the possibility that something could go wrong, when you compare an IRA rollover VS transfer, you probably see that transferring the fund is a better choice.  Then, there’s one more consideration.

If you have an all-cash account, as you would if your account was invested in a money market or bank CDs, then taking a roll-over is “okay”.  But, generally, there are other assets in these accounts, including stocks, bonds, mutual funds and possibly (if you’re a smart investor) real estate. 

Since rollovers require that the trustee provide you with a check, all of these assets must be liquidated.  But, many of them may be transferable.  If these are assets that you want to hold on to, then it would be silly to sell them, only to re-purchase them, when you open the new account.

That pretty much covers the differences between the IRA rollover VS transfer.  Now, let me give you something new to think about.

There is not enough affordable housing in this country.  There are too many expensive homes, which is why the housing market is performing so poorly and property values are falling. 

A smart investor sees this as an opportunity.  Not only an opportunity to make money, but also to help people find decent, affordable homes in desirable neighborhoods.  You can tap into this market, using your retirement account.  You’ll earn more and help “Main Street, USA”, at the same time.  You have probably decided what’s best when it comes to an IRA rollover VS transfer.  Now, you just need to find the best investment opportunities.

Double Your ROI (Return On Investment)

We are offering a real estate investment where your ROI is guaranteed to be at the very least double what you earned last year, in traditional investment vehicles such as stocks, bonds and mutual funds etc. Yes, we guarantee that you will earn at least double your ROI from last year. Please take a few minutes to check this offer out, this could be your path to a comfortable retirement.

Private Money 101

As a real estate investor, it is important to secure financing. Having a steady source of funds allows him to obtain great investment properties, even without using his own money. Fortunately, the number of lenders of private money continues to grow, allowing investors to secure funds quickly and hassle-free.

As the name implies, private money lenders are non-traditional financiers that offer lending money to those who require financial assistance. They are usually private individuals or small organizations that have access to a large sum of cash and are willing to finance investment projects in exchange for profit.

If you’re a real estate investor who wants to buy a particular investment property but can’t afford to do so, you might want to consider obtaining private money. This type of loan is asset-based and most private lenders give importance to the after repair value of a property, for which the loan is being made, when assessing a loan’s eligibility.

Because private money lenders don’t basically care about your creditworthiness, you can still borrow funds from them even if you have poor credit rating. You also don’t have to dig up reams of documents and other credentials, which can take a lot of time, just to have your loan application processed. And most of all, you don’t have to deal with a tough processing panel that will only reject your request after a long waiting period.

Another advantage of securing private money instead of traditional bank loans is that you can act quickly when a good deal comes your way. Unlike banks, mortgage companies, and credit unions, private lenders can release the needed funds as soon as they are finished appraising the collateralized property or reviewing simple documents – a task that can take them less than a week to complete. Thus, you can buy the investment property that you want in a flash.

Using private money to purchase investment properties can also protect your credit rating. If you borrow money from private lenders, it won’t reflect on your debt-to-income ratio. The transaction won’t be reported to the credit bureau because it was made with a private individual rather than with an institutionalized lending company.

If you want to know more about private money and how you can use them to boost your real estate investing business, you can visit www.Rehab-Real-Estate.com. By logging on to the site, you can browse its collection of quality articles and videos on private money lending and real estate investing.

Realtors/Mortgage Lenders Help!!?

I have a commercial pocket listing. I told a mortgage lender I know that deal in commercial loans and told him if he had someone interested let me know. He calls me the other day and says he has an interested buyer BUT, there’s always a BUT. But, it’s not his buyer, he has another friend that is a commercial lender and it’s his buyer. The buyer does not have an agent so I will be facilitating the deal. The mortgage lender wants a 3% “finder’s fee” and my friend the lender wants 1% of the total purchase price from me (out of my commission, which is 2.5%), or they won’t bring the buyer to the table. Can the buyer’s lender get a 3% commission, my head and R.E. laws tell me NO, I already know I can’t pay my “friend” the lender 1% since he isn’t licensed? I am extremely perplexed by this, he tells me “it’s done all the time” I had never heard of it.

Can the buyer pay them a finder’s fee? My seller thinks they’re nuts, I am inclined to agree

Thanks for the help!

What do you think about moving out “cash balance” money from company Pension account to an IRA rollover?

I’m 51 years old, recently retired and has $159K in cash balance account that our pension plan credits with 5% interest credit/year.
I’m assuming on an average year, the stock/mutual funds/ETFs will probably generate between 5% and 10%/year. This $159K present value will give me about $2,358/month for life at age 65.
Will it better to do an IRA rollover for a much higher earnings than the 5% from the pension plan or will it be better to receive $2,358/month for life starting 14 years from now? Any comment
will be appreciated.

When converting from a Rollover IRA to a Roth IRA, is the money from the 401k rollover non deductable?

I’m doing my taxes and I’m wondering if any of the money in the traditional IRA I converted to a Roth IRA in 2005 is treated as a non deductable conversion. $1,400.00 was rolled over from a former employer 401k into a rollover IRA in 2002. Is this money treated as non deductable or do I have to pay tax for conversion purposes to the Roth IRA on this portion of the total amount I converted as well?

Private Money Real Estate Investing – Q&A From Costa Rica with Chris Yates – Week 2 (Part 1)

Chris Yates answers student questions about private money for your real estate deals while travelling through Central America. In Part One: This video discusses how to create a cash flow real estate business using private money lenders. In Part Two: Learn how to deal with lender prospects that are scared to move forward because they heard about investor “scams”. Submit your questions to Chris at cmyatesnews.com.

Foreclosure Flaws May Delay Recovery by Slowing Home-Price Fall

Lincoln Appraisal & Settlement Services to Provide Nationwide Title & Closing Services to Sistar Mortgage
Lincoln Appraisal & Settlement Services, a leading national Appraisal Management Company and Settlement Services firm, is now offering title and closing services to client Sistar Mortgage, a Michigan-based residential mortgage company offering a variety of loans in all 50 states.

Read more on PR Newswire via Yahoo! Finance

Raters Ignored Proof of Unsafe Loans, Panel Is Told
Agencies that assessed risk in mortgage pools dismissed evidence of dubious loans, according to testimony.

Read more on New York Times

Foreclosure Flaws May Delay Recovery by Slowing Home-Price Fall
Howard Cohen hasn’t paid the loan on his Tukwila, Washington, home in a year, and when he heard that Ally Financial Inc. ’s GMAC Mortgage unit was suspending foreclosure evictions in 23 states, it gave him hope.

Read more on Bloomberg

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