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Can Result in Significant Returns: Our customers issue first mortgages from their IRAs at rates from 11.5 percent - 13.5 percent, with many charging prepayment penalties. While some clients locate their own mortgages, many rely on local companies, which will match their funds to borrowers, or will aggregate several IRAs into one mortgage.
As with all investments that you make, we would suggest that you speak to your legal and financial advisors regarding the structure of any loan that you would issue from your IRA. This process includes finding prospective qualified borrowers, note, and mortgage forms. Bernie Navarro is currently the President and founder of Benworth Capital Partners. Benworth Capital Partners are a privately funded hard equity mortgage lender. Mr. Navarro has quickly made Benworth Capital Partners the preeminent hard equity company focusing on South Florida. This has quickly earned them the right to be named the “Hard Equity Experts.�
MPC 1/4 page vertical The Niche Report Use this ad as of 03/16/11
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May 2011