Did you know the #1 untapped source for real estate investment funds is your IRA or 401K? Since 1974, a little know law has allowed retirement account holders to direct their IRA's to buy and sell real estate.
2 recent developments have brought this technique to the forefront. The first is President Bush's signing into law (August 2006) of mandantory retirement account offerings by all employers. The second is the formation of a national finance company named FirstIRAMortgage. FirstIRAMortgage will finance up to 80% LTV of the real estate purchase with the down payment coming from a self directed IRA.
For more information regarding investing in Real Estate with your IRA, call me today!
Richard Worcester ~ The Hilltop Group ~ Phone 888.787.0556 ~ email: info@thehilltopgroup.com .
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