Did you know that you can help fund your retirement by purchasing real estate? If you are currently investing in your retirement via traditional vehicles like IRAs, SEP, or a 401k, then a Self Directed IRA could be a great option to help you diversify and take more control of your retirement planning.
According to Investopedia, “The definition of a Self Directed IRA is a retirement account in which the individual investor is in charge of making all investment decisions. The self-directed IRA provides the investor with greater opportunity for asset diversification outside of the traditional stocks bonds and mutual funds, as real estate, private tax liens and notes can be purchased. All securities and investments are held in an account administered by a custodian or trustee.”
The cool part of a Self Directed IRA is that you can take currently invested retirement funds and roll them into a Self Directed IRA so that you can purchase alternative assets of your choosing (including real estate).
Not only can you buy real estate with currently invested retirement money, you don’t even need to buy with 100% cash. There are financial institutions that will loan up to 65% LTV to assist in the purchase of real estate through a Self Directed IRA.
Sound interesting? If you would like to learn more about how you can take more control of investing in your retirement, check out this great class that we will be hosting next week. Click the image below to RSVP!
