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Mortgage |
Become a Lender with Your IRA
A note is a vehicle that is used to extend credit from one or more individuals or entities to another individual or individual’s entity. There are great returns available from these investments, most over 10% annually.
There are two types of notes:
- Secured notes are backed by collateral, providing the lender increased assurance of return of the loan amount and interest, such as mortgages and deeds of trust.
- Unsecured notes are not backed by collateral. You might consider an unsecured note for perhaps a friend or a non-disqualified relative, but it is a higher risk—and sometimes reward—than a secured note.
Investing in Trust Deeds and Mortgage Notes
To clear up confusion a trust deed, deeds of trust, and mortgage notes are largely the same investment, depending on the state that you reside in. For example a property in California would have a trust deed, whereas in Florida properties carry mortgage notes.
These notes may be either in first or subordinate positions and may be purchased from brokers or private parties. Usually, the documentation is recorded at county recorder's offices, and title to the property is insured as instructed. All due diligence can be performed by your investment advisor.
You may also purchase or sell portions of mortgages. In such cases, your account holds an undivided interest in that portion of the note and receives the proportionate amount of income due under its terms. In addition, you may purchase discounted notes as well as real estate purchase options.
Take control of your retirement. Contact an Options professional to establish a self-directed IRA or open an account today.
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LIST OF PRODUCTS:
Fee Based Advisory
Self Directed 401(k)
529 College Plans
Financial Planning
Tax Planning
Estate Planning
Insurance Coverage
Group Benefits
Offshore Strategies
Income Tax Preparation
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800-989-9868
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