Calling all investors... Looking for a way to purchase more properties, pay fewer taxes and beat the 10-loan limit imposed by Fannie Mae?
Here it is... tax-deferred and non-recourse!
Many investors are aware that they can use cash from their IRAs to purchase real estate. Fewer are aware that non-recourse loans are available to do the same.
For those who may be unfamiliar with the concept, a non-recourse loan is one where there is no personal guarantee and a loan decision is made based on the income stream of the property.
For the newbie investor, this means you won't need to use your credit or income/debt ratios to qualify for the loan. For the pro, this offers you an opportunity to exceed the Fannie Mae 10-loan limit and have your profits tax-deferred.
For a short list of requirements and to be put in contact with the IRA and tax professionals who can get you started, give us a call at 913-912-3470.
