With the real estate market providing abundant lucrative opportunities, it doesn’t come as a surprise that many people are getting into the investing game to achieve financial stability. However, while some investors are raking in millions, others are still struggling to make ends meet. If you want to make more money with real estate, here’s Read More…
Rental Income and IRAs
An individual retirement account allows you to save and invest for your later years. A self-directed IRA gives you wide latitude in your investments. The only two investments explicitly off-limits are life insurance policies and collectibles, although certain precious metals are acceptable. IRA rules prohibit self-dealing. Prohibited Transactions IRA rules prohibit any transactions in which Read More…
Differences Between Bank and Non-Bank Lenders
The mortgage meltdown of 2008 triggered the Great Recession, which prompted banks to tighten credit and raise underwriting standards. This in turn gave impetus to alternative, or non-bank, lending, a sector that includes commercial lending companies, payday lenders, peer-to-peer marketplace lenders, and hard-money real estate lenders. Each type of lender has its own characteristics, but Read More…