Hi my name is Blaise Dietz and I wanted to share a new strategy our firm is using to get deals funded. I am new to this forum and thankful to find it.
There are new ways to not only borrow from your non-IRA securities without a margin loan but also most 401ks and IRAs without incurring any tax penalties. And yes, your CPA and legal counsel will be able to work directly with our legal and accounting team, without having to pay any due diligence fees to fully vet this program.
If you have a target asset (real estate investment, business acquisition, franchise purchase etc) you can use this new program to meet required collateral and equity contribution guidelines to complete you or your clients transaction.
The current rates on the securities loan is Libor + 2.3% - 2.9% and has a LTV maximum of 90%.
The term of the loan is interest only and usually ranges from 24-36 months with extensions available.
You will want to speak with our licensed tax and legal professionals to begin the due diligence on this program and you will NOT be asked for any fees to do that and you will never be asked for any type of fee to fully vet this program offering.
Important notes to remember:
1.You should never pay any due diligence fees to anyone for putting your CPA or licensed advisor in touch with 'their" accounting and legal professionals when investigating the securities loan and IRA funding options.
2. Gather your most recent account statements, mention this to your licensed advisors and contact me for information on what the next step is.
I also have a blog post on this here
http://www.commercial-coach.com or you can visit our corporate site at http://www.charlottecp.com
Hope that generates some ideas on how to get deals done!
Blaise Dietz
