Advanta IRA Services of Largo, Florida, Holds Lunch and Learn on June 28, 2013: Private Lending and Your Self-Directed IRA

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One of the most popular alternative investments allowed within self-directed IRAs is private lending. This lunch and learn is designed specifically to educate individuals regarding how private lending with a self-directed IRA or other account can potentially build wealth towards retirement or as investment income.

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This information is critical for individuals who wish to learn more about how self-directed IRAs and other accounts have the potential to boost earnings in those accounts and hopefully build maximum wealth towards retirement.

How does private lending work? Not many people understand that self-directed IRAs allow the account owner to make loans with their IRA funds to garner income for their IRAs through interest rates. If the loan defaults, the IRA may benefit by taking possession of collateral agreed upon for this purpose.

Many owners of self-directed IRAs make mortgage loans to individuals seeking to purchase homes,” says Jack Callahan, Managing Partner of Advanta IRA Services. Others may decide to loan money to a business, either a start-up or one looking to expand. Private loans are also made to other investors to use for their own investment choices. These loans are hard money types, and involve repayment over a predetermined period of time, with a set interest rate on the amount of money loaned.

The amount of interest charged is how the IRA or other self-directed plan earns a profit. Typically, when loaning funds for a mortgage for either personal or commercial property, there is an opportunity to secure the loan with that piece of property. If the mortgagee defaults, the IRA takes possession of that property. The property can then be sold or leased, which potentially builds additional funds within the IRA. If there is any equity in the property, the loan can be secured by that equity, as well.

Advanta IRA Services is holding a lunch and learn for individuals who want to know more about how these loans work with self-directed IRAs. “During this seminar, Advanta IRA staff will discuss the various types of loans that their clients make with self-directed IRA accounts, and the potential benefits of private lending,” says Callahan. “This information is critical for individuals who wish to learn more about how self-directed IRAs and other accounts have the potential to boost the earnings in those accounts and hopefully build maximum wealth towards retirement.”

Other topics to be discussed in detail include disqualified persons (those an IRA is not allowed to transact with), potential pitfalls of private lending, and examples of how other clients of Advanta IRA successfully utilize their self-directed accounts. Additionally, the fact that an IRA can actually be the borrower on transactions will be reviewed, as well as the advantages of non-recourse loans. While lending to an IRA is not as common as lending out of an IRA, Advanta staff will outline how an IRA can obtain financing and the impact that has on the returns to the IRA.

Event: Lunch & Learn - Private Lending with Your Self-Directed IRA
Date: June 28, 2013
Time: 12:00 – 1:30pm
Location: Advanta IRA Services, 13191 Starkey Rd., Ste. 9, Largo, FL 33773
Cost: No charge; lunch is provided for attendees
Register: By 5pm on Thursday, June 27, 2013 by emailing Scott Maurer at smaurer(at)AdvantaIRAgroup(dot)com or by calling 727-581-9853, ext. 1123. Seating is limited so please RSVP soon to reserve your spot.

About Advanta IRA Services, LLC

Advanta IRA Services specializes in the administration of self-directed IRAs. Self-directed accounts allow investors to choose their own investments based on their knowledge of investment vehicles instead of relying on third parties to make investment decisions for them. Advanta IRA is committed to educating clients in using self-directed IRAs to invest in alternative investments. In pursuit of diversity and control of their own retirement funds, clients invest in a variety of real estate assets including rental properties, rehabs and raw land. Other investors use their IRAs as private lenders, securing loans with a mortgage, or to invest in assets such as tax options and tax liens.

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