All Forum Posts by: Kevin Moen

@Kevin Greene I work with a few companies that offer joint ventures or allowed me to be added to their buyers list. I can get you the info on them if you want to message me. 

Kevin Moen

If you do end up self directing and don't have the time or knowledge to underwrite hard money lending deals you can also invest in notes for a 12%+ return with little to no ongoing management needed. Super passive way to invest like a bank and earn a great return secured by real estate. I am investing in notes with my SD IRA.

@Sean Lomonaco I will shoot you an email right now. Please let me know if it doesn't make it for some reason. 

Kevin

Take advantage of our seller financing. No underwriting for investor financing with $15,000 down payment. Currently rents are under market value, market rents $700/mo. Earn a 14% return on your down payment after PITI, market vacancy, and repair allowance!

Seller financing available with large down payment. This property was completely remodeled to the studs, effective year built is 2012. Leverage your capital without the hassle of applying for financing with a bank by utilizing our seller financing program. 18% return on $25,000 down after PITI, and projected repair and vacancy allowance!

I will direct message you @Account Closed  and @Corey Brenner

@Yoochul C. 

I seller finance properties, so I originate some notes through my company, and with an RMLO to be compliant with the SAFE act and DODD FRANK. I can't do business with my SD IRA though, so I sell those notes to other investors. I also have a network of hedge funds, note managers, servicers, etc that I buy notes from. I also help other investors buy notes by selling a partial of a note my company owns, or just selling them the note.

Kevin

@Yoochul C. when you invest in notes you are investing in paper, aka debt or an income stream. Makes a lot of sense for a SD IRA/retirement account due to lower transactions vs a rental, you are buying the note at a discount, and getting double digit returns as a banker. That is how I invest currently, and am planning to use my new SD IRA to buy performing notes for long term growth.

I invest in notes and like the lack of liability, repair expense, and headache. When is the last time you called your bank to fix your hot water tank, or unclog your toilet? Repairs and cap ex expense are often understated when taking into account the long term expenses and income associated with rentals. Investing in notes is playing the banks game, best business model I know. Having a mix of both is my strategy for great cash flow. Also notes are more ideal for a self directed retirement account due to the lack of expense and less complication with checkbook control, etc. I would rather grow my retirement with a steady 8% - 12% yield secured by real estate than any other strategy. 

EquityTrust is the 100lb gorilla. Some like them, so do not. They have increasing fees as you grow your account, which is almost a small tax in itself. However they have a ton of resources available and know the business well. I have heard it is not always easy or cheap to get access to your funds in an expedited situation, but they claim to be able to get them out in 48 hrs without fees.

I personally chose a smaller local administrator to invest in notes for true passive income in my Roth SD IRA.