Many real estate investors find a point in their career where they need financing for the properties they are purchasing. This series is designed specifically to discuss the methods and options available to individuals who need to use financing.
Charlotte, NC (PRWEB) October 30, 2015
Sean McKay is passionate about real estate investing and Self-Directed IRA investing. Many investors know that coupling real estate investing and Self-Directed IRA investing creates a tax-advantaged environment that can maximize profits. With that in mind, Sean will be launching a new webinar series, "Creative Real Estate Strategies - Using Debt for Rental Properties" on December 3rd.
Many real estate investors find a point in their career where they need financing for the properties they are purchasing. This series is designed specifically to discuss the methods and options available to individuals who need to use debt to purchase their rental properties.
On the surface financing seems simple, though in today's economic climate, the banks are facing increased regulations, which means tighter criteria for borrowers. Adding to that complication is the fact that most rental properties do not meet the criteria for an owner occupied loan. Non-owner occupied homes are financed under different rules and often require a much larger percentage down to secure the loan.
Another point that rental property owners face when looking for financing is that banks often require proof that the property is generating income sufficient enough to cover the loan payments.
Finally, getting to closing can now take anywhere from 2 to 4 months, which can put some investors out of the running for obtaining the property, as many sellers will instead accept a cash offer to obtain a quicker sale.
This webinar series will talk not only about all the challenges investors face with financing, but also about some great strategies that will help make obtaining financing simpler and quicker. With quicker turn-around times, investors can close on more deals.
About American IRA, LLC:
American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.
American IRA services thousands of clients and has over $300 million in assets under administration.
American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.
American IRA is the sponsor of American Wealth Radio. Click here for more information.