Podcasts about nonrecourse

Welcome to another episode of How To with Gino Barbaro! In this episode, Gino, co-founder of Jake and Gino, dives into the crucial questions every limited partner (LP) should ask a general partner (GP) or sponsor about the debt and financing of a deal. If you're a passive investor or an active investor looking to avoid common mistakes in real estate financing, this video is a must-watch.Timestamps: 0:00 - Introduction and Overview 1:00 - Importance of Understanding Debt and Financing 2:06 - Question 1: What is the Principal Loan and LTV? 4:00 - Changes in Loan to Value Over the Years 6:48 - Question 2: Are the Interest Rates Fixed or Adjustable? 8:24 - Impact of Rising Interest Rates 10:12 - Question 3: Is There a Prepayment Penalty? 11:10 - The Value of Assumable Loans 12:15 - Question 4: Is the Loan Recourse or Non-Recourse? 14:00 - Understanding Recourse and Non-Recourse Loans 16:00 - Importance of Alignment with Sponsorship Groups 17:30 - Common Fees and Aligning Interests 19:50 - Importance of Sponsorship Group's Skin in the Game 21:00 - Three-Step Framework for Passive Investors: The Jockey, The Saddle, The Horse 22:50 - Closing Thoughts and Contact InformationKey Highlights:Understanding Debt and Financing: Learn the essential questions to ask about the principal loan, LTV, interest rate terms, and prepayment penalties.Loan Types: Discover the differences between recourse and non-recourse loans and why it matters for your investments.Aligning Interests: Ensure your interests align with those of the sponsorship group, including understanding fees and the importance of skin in the game.Three-Step Framework: Gino's unique framework for evaluating investments: The Jockey (sponsor), The Saddle (alignment of interests), and The Horse (the deal).Resources and Links:

As interest rates start to go down, we know home buying activity (and pricing) will start to tick up, but what does that do for investors looking to buy with debt in their retirement accounts?That's why we're bringing Glen Shenkin to the show as a guest investor!Glen has built up a portfolio of homes in his retirement account.  These homes have amassed some serious equity.  He's thinking about refinancing some of them to pick up another home with non-recourse financing.  BUT he's getting close to retiring so he's cash flow sensitive!He'll join JWB co-founder, Gregg Cohen, to talk about:- how he built up his portfolio in retirement- what the numbers look like right now for non recourse loans and cash flow- why it may or may not make sense for him to buy with non recourse at this point in his journey- and more!Join us for a live look into a real life buying decision and get your own questions answered too!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Delve into the complexities of real estate financing as Charles Dobens explore the intricacies of recourse and non-recourse loans in our latest podcast episode. Join Charles in navigating the nuanced terrain of bad boy provisions and shed light on when non-recourse truly means non-recourse. Don't miss out on invaluable insights to safeguard your investments and make informed decisions in the dynamic world of real estate finance. Tune in now!

Investing in real estate through Individual Retirement Accounts (IRAs) has become increasingly popular among savvy investors seeking to diversify their retirement portfolios. However, when it comes to financing these investments, traditional mortgages may not be an option due to IRS regulations. Non-recourse mortgages offer a potential solution, allowing investors to leverage their IRA or Solo401k funds Gary Mobbs​​​​SVP/AreanManager/IRA Loan Director SouthStar Bank. discusses this type of financing and how they help people through the process. You can reach Gary at gary.mobbs@southstarbank.com or 830-672- 1081 ext x1605 or peter@checkbookira.com and I'll put you in touch with Gary

Non Recourse, High Leverage Multifamily Construction Loans? What else could you ask for? I'm here with Brandon Baksh for 30 minutes of non stop HUD financing, packed with all of the questions you need to execute your first hud loan. Brandon is the expert when it comes to everything HUD related- He is laser focused on all things HUD. Brandon's Email: bb@dwightcap.comtwitter: @Bbakshdc

Everyone wants to know: when will we see a reduction in interest rates? Jesse's answer might surprise you. Jesse Stakes isn't just anyone, he's the Commercial Relationship Manager at One Florida Bank and the host of the Making Cents of It All Podcast. Jesse has lived in Jacksonville his whole life and has worked in banking, commercial banking specifically, for a lot of that time. He's seen our city through a lot of changes and he brings to light an important and fundamental aspect of our market - and that's insulation.  This week we get to hear about the other side of the commercial investment process: lending. Jesse breaks down how banking concerns have changed since 2021 (it's changed a lot in that short time), and what you need to do as an investor NOW to help your banker when that juicy deal comes along in 2024.  Jesse talks about: Heavy net migration to Jax and what it means for investors Bank's position on loan modifications The state of Non-Recourse loans How to have a great lending experience And, locally: Why Jacksonville is home His favorite restaurant(s): Sierra Grill in Atlantic Beach and Cielo Azul in Southside His Jax gem: Hyde Park Golf Club, Jacksonville's oldest public course Local Business Highlight: Vision is Priceless Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida. Connect with Jesse:  www.JesseStakes.com His Podcast Making Cents of It All Connect with Ian:  https://investwiththecoach.com/ @yieldcoach on socials Theme music provided by: The Firewater Tent Revival https://open.spotify.com/artist/7rRU3ACLdkUtvkZc3DGbUJ?si=cKiWTd2lQvKFkLiZxffgXA&nd=1&dlsi=ffb0de76e1874912 --- Send in a voice message: https://podcasters.spotify.com/pod/show/yieldcoach/message

Choosing the right bank to use with your self directed IRA or solo 401(k) is extremely important, for the ease of doing transactions and the availability of nonrecourse loans can greatly add to the success of your account. David Kapavik or SouthStar Bank in Texas explains how they stand among the best for your accounts. For More information   call 512-384-3948 for deposits Gary Mobbs  (830) 857-1418 for IRA Lending.  You can also get information at https://southstarbank.com/ * Any rates and rules talked about in this Podcast are as of 8/15/2023

Caeli Ridge recorded this episode on 7/25/2023Recourse vs. Non-Recourse LoansCaeli provides an overview of what recourse and non-recourse loans are and in what situations you would choose one over the other. She details that the difference in rates and terms between the two options is significant, and that she does not see a place for non-recourse loan options in most cases as it pertains to real estate investors purchasing 1-4 unit residences. Caeli's surprise is an exciting new loan option for Ridge Lending Group that Caeli has been working tirelessly to secure for our borrowers. Q&A throughout the episode on these topics and more!Check out the video with the screen share and the documentation in the Community.You can join these live each week by following this link to join the call:https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/listAs always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.comCopyright ©2023 Geneva Financial, LLC, DBA Ridge Lending GroupNMLS #42056  |  BK #0910215  |  CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender  |  All Rights Reserved

Welcome to Strategy Saturday; I'm Charles Carillo and today we're going to be discussing Recourse vs Nonrecourse Loans. When evaluating different lending options for a piece of commercial real estate, you most likely have heard the terms; recourse, and nonrecourse. In this episode, Charles discusses what the difference is between these two different loan options and why a borrower would choose one over the other. Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

Caeli Ridge hosted this episode on 4/4/2023On this podcast episode, Caeli Ridge will be going over all of the creative ways you can borrow money with Ridge Lending Group! This includes Conventional, Debt Service Coverage Ratio Loans, Bank Statement Programs, Asset Depletion Programs, All-in-One HELOC (Primary Home, Second Home, Investment Home), Cross-Collateral Loan Programs and Non Recourse options. Open conversations about this topic and more...Check out the video with the screen share and the documentation in the Community.You can join these live each week by following this link to join the call:https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/listAs always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.comCopyright ©2023 Geneva Financial, LLC, DBA Ridge Lending GroupNMLS #42056  |  BK #0910215  |  CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender  |  All Rights ReservedPrivacy Policy |  Legal Disclosure |  Consumer Access | Texas Mortgage Notice

IRA Financial's Adam Bergman Esq. explains what a non-recourse loan is, and why you must use one when you wish to borrow funds to invest with your IRA.

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about Solo 401(k) contribution deadlines, where rollover funds should go, and nonrecourse financing availability.

Purchasing investments using HELOC or non recourse asset based loans are advisable but must be with due diligence since it still depends on your profile and debt to income ratio.Be part of the investor club! Go to https://simplepassivecashflow.com/club and be notified. Hosted on Acast. See acast.com/privacy for more information.

Larry Bailey and Caeli Ridge host this episode and she talks about:Asset protection through using an LLC and also through using a non-recourse loan How to mentally make it through this kind of environment as an investor Announcing our special CPA guest for a future showFannie Mae and Freddie Mac "Due on Sale " ClauseCaeli reminds you about how to set up the best way to capture the most money from your property "ARV" - After Rehab ValueCheck out the video with the screen share and the documentation in the Community.You can join these live each week by following this link to join the call:https://community.ridgelendinggroup.com/events/live-with-caeli-each-tuesday-beginning-at-430-pm-et/listAs always, give Ridge Lending Group a call if you have any questions at 855-747-4343 or email us at info@RidgeLendingGroup.com or send a text to 503-836-8582Copyright ©2022 Geneva Financial, LLC, DBA Ridge Lending GroupNMLS #42056  |  BK #0910215  |  CA License #CA-DBO9556 | Massachusetts Licensed Lender #ML42056 | An Equal Housing Lender  |  All Rights ReservedPrivacy Policy |  Legal Disclosure |  Consumer Access | Texas Mortgage Notice

Carl Fischer graduated from Cornell University and is a third-generation real estate developer. Carl began his investing career in the 1970s when he was employed as a rocket scientist at Kennedy Space Center in Florida. Carl is one of the founders and principals in CAMA Self Directed IRA, LLC (dba CamaPlan) founded in 2004. CamaPlan is a national company located in Ambler, PA. Carl has implemented plans and managed millions of dollars in real estate transactions. His real estate investments include commercial and residential properties, including real property, notes, and mortgages. He's been able to increase his net worth using self-directed tools, such as self directed IRAs. This has led to tax free income as well as tax free profits from real estate deals and private placements. In addition to his hands-on experience, he has spoken to many groups including real estate investors and brokers, CPAs, financial advisors, attorneys, and mortgage professionals about the power and possibilities of IRA, 401k, and qualified plan self-directed plans. He provides continuing education credits for both nationally and state-specific attorneys, accountants, realtors, and appraisers. This episode talks about: ​Carl's journey to creating a Self-Directed IRA company Types of Alternative Investments that can be used inside of Self-Directed IRAs Can you use a self-directed IRA to invest passively in real estate? IRA loans? What is a Nonrecourse loan? What is Unrelated business income taxes (UBIT)? What triggers UBIT? Interest rates on IRA loans? Can you leverage your self-directed IRA to loan money to others (also known as Private Money Lending)? How to avoid/mitigate some risks of using a SDIRA Can you reinvest your IRA in something else other than real estate? Can you convert your traditional IRA to a Roth IRA (without penalty)? How does CamaPlan work to help you create your own self-directed IRA? To connect with Carl Fischer, please visit:

tune in and learn at https://www.ddamortgage.com/blogWhat happens after deathwho is responsible for mortgagewho gets title to the homeis a non recourse good or baddidier malagies nmls#212566dda mortgage nmls#324329 Support the show

Lexshares Chief Investment Officer and Co-Founder Max Volsky discusses the state of litigation funding and non-recourse mass tort financing.

Multifamily Agency Debt [Explained - Part 2] - Agency Underwriting Guidelines In this episode, Beau goes over options for financing multifamily properties through agency debt and explains the difference between two federal government agencies, "Fannie Mae" and "Freddie Mac," specifically what the agency underwriting guidelines are. To reiterate our last video, read below. Non-Recourse vs. Recourse The biggest differentiator between bank and agency multifamily financing is whether the loan is recourse or non-recourse. Fannie Mae and Freddie Mac (agency) loans used to buy or refinance buildings are non-recourse, meaning that the debt is secured only by the loan collateral (i.e., the property). If you default on a non-recourse loan, the lender can only recoup the pledged collateral. They can't go after your personal assets. One of the biggest benefits of working with non-recourse lenders is that your personal liability is protected. Multifamily or apartment financing from a bank usually comes in the form of a recourse loan. This means that you and your partners are personally liable for the full loan amount in the event of a default. If the property sale does not cover the loan amount, the lender can go after assets that were not used as loan collateral. Sometimes banks will offer non-recourse refinancing, but the risk is often reflected in a higher interest rate.

Multifamily Agency Debt [Explained] - Part 1 Fannie Mae vs. Freddie Mac In this episode, Beau goes over options for financing multifamily properties through agency debt and explains the difference between two federal government agencies, "Fannie Mae" and "Freddie Mac." What's the difference? Non-Recourse vs. Recourse The biggest differentiator between bank and agency multifamily financing is whether the loan is recourse or non-recourse. Fannie Mae and Freddie Mac (agency) loans used to buy or refinance buildings are non-recourse, meaning that the debt is secured only by the loan collateral (i.e., the property). If you default on a non-recourse loan, the lender can only recoup the pledged collateral. They can't go after your personal assets. One of the biggest benefits of working with non-recourse lenders is that your personal liability is protected. Multifamily or apartment financing from a bank usually comes in the form of a recourse loan. This means that you and your partners are personally liable for the full loan amount in the event of a default. If the property sale does not cover the loan amount, the lender can go after assets that were not used as loan collateral. Sometimes banks will offer non-recourse refinancing, but the risk is often reflected in a higher interest rate.

Now non-recourse loan is a term you’ll hear from time to time in finance so its important you’re comfortable with the phrase. Let’s go

Depending on your goals and personal situation, investing with a non-recourse loan can be a great way to build your real estate portfolio. Today you're going to learn what non-recourse financing is, and why it might be the key to helping you build wealth. You're going to learn about the mechanics of the loan and what the approval process is like. I'm sharing how the non-recourse loan process works when you work with a full-service team. Press play to learn more about non-recourse financing and if it's right for you!

In this episode, we dig into non-recourse loans for investments purchases using your IRA or self directed vehicle. Lending Guidelines This type of loan is higher risk to the lender, and their underwriting policies are going to me more conservative as a result. Typical guidelines you might find are as follows: Down payment of at least 30%. Condos as high as 50% 10% – 15% cash reserves in the plan at the time of the loan Terms range from 5/1 ARMs to 25-year fixed-rate loans Rates will generally be 1% – 1.5% higher than a typical investor loan with a personal guarantee. Clean, cashflow properties work well. Options are limited for properties requiring extensive repairs or raw land.

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about holding IRS-approved coins at home, getting a Solo 401(k) nonrecourse loan and if a storage facility investment would trigger UBTI.

If you're passing on deals because the house needs repairs and there is little or no equity, you might rethink how to get these deals done. Non-recourse private loans can fill the gap and provide excellent returns for both you and your lender. https://links.sub2empire.com/tUMSubscribe to Sub2 Empire on Soundwise

Want to avoid mistakes in Long Distance Investing?  Download your FREE document at http://billykeels.com/7mistakestoavoid   Episode 26: All You Need To Know About The Commercial Lending Environment    In the conversation with today’s guest, Billy Brown, you’ll learn the following:   [00:33 - 02:35] Billy Brown’s profile, in Billy Keels' guest introduction.  [02:35 - 08:49] The backstory, journey and decisions that led Billy to become a Creative Lending expert [08:49 - 12:12] The difference between going to a bank and going to a creative lending business. [12:12 - 19:37] The fundamentals of Creative Lending. Billy Brown gives the full, in depth lowdown. [19:37 - 21:41] How to work out the specific terms for any given client that wants to borrow through creative lending [21:41 - 27:31] Billy talks about his experience with 'Going Long' investing, and how to pull it off successfully.  [27:31 - 29:04] The main motivation for Going Long investing.  [29:04 - 30:17] The key things Billy will educate people on and how these people often benefit in ways that they might not have known about before. [30:17 - 32:10] Explanation of Recourse vs Non-Recourse. [32:10 - 35:00] What is coming up next for Billy Brown.   Here’s what Billy Brown shared with us during today’s conversation: Favourite European City: Moscow, Russia. He currently lives in Nashville, Tennessee.  Best thing to happen in the past 24 hours: Getting an awesome new desk installed! A mistake Billy Brown would like you to learn from so you don't have to pay full price for it: He wishes he had worked with an expert right from the start, "..You can't just do it alone." Book Recommendation: ASK! The Bridge From Your Dreams To Your Destiny, by Michael Victor Hansen   Be sure to reach out and connect with Billy Brown  by using the info below:   www.billybrown.me   Start taking action TODAY so that you can gain more Education and Control over your financial life.   To see the Video Version of today’s conversation just CLICK HERE.   Do you want to have more control and avoid the mistakes that I made getting started in long distance investing?  Then you can DOWNLOAD the 7 Mistakes to Avoid in Long Distance Investing Guide by clicking HERE.   Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels

Will Coleman is the Director of Finance for Rand Capital. He focuses on Non-Recourse debt options for multifamily assets nationwide. Will graduated from Liberty University with a Bachelor of Science in Business Administration: Economics. In 2016 he began his real estate career by investing in and self-managing single family properties in the DFW market while working in property management for Greystar Real Estate Partners. In 2018 Will began working in commercial lending at City Bank as a Credit Analyst being responsible for accurately underwriting the credit quality of borrowers, properties, and markets in Texas. Reach Will at www.randcapllc.com or email Will@randcre.com

Non-Recourse Loan Expert Roger St. Pierre from MyIRALender.com shares his deep expertise in non-recourse loans for Self-directed Solo 401k and IRA retirement investments. How to Qualify For a Non-Recourse Loan for a Self-directed 401k/IRA -Non-Recourse Loan Qualification Tool COVID-19 Impact to Non-Recourse Loans Residential, Commerical, AirBnb vacation rentals Learn more: https://www.mysolo401k.net/quick-yet-precise-explanation-solo-401k-non-recourse-loan-debt-financing-leverage-process/

Here are some important vocabulary terms to understand before you seek lending on that investment property.  Being able to "talk-the-talk" is important if you want to build credibility with your broker or lender.  

In this podcast episode, Mike Vann was interviewed by Will Smith, where he explains why they put a non-recourse bridge debt on the recently purchased multifamily deal and how this financing option works. We would love to find out more about your investment goals, text “Trident” to 38470 or schedule a call with us https://calendly.com/tridentmultifamily #debt #financing #multifamily

Your lender is usually your largest partner. They can bring in almost 80% of the funds needed to close your apartment transaction. In the last, few years Fannie Mae and Freddie Mac have been the primary lender for apartment syndications. Sponsors have loved Fannie Mae and Freddie Mac because of their execution and flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what happens IF these Government Supported Entities start to restrict lending. What happens when your lender changes course? We discuss what is happening in the apartment lending market today and what additional loan options you can explore. US Treasury Update on Future Proposals for Fannie & Freddie: https://home.treasury.gov/system/files/136/Treasury-Housing-Finance-Reform-Plan.pdf https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Revises-Multifamily-Loan-Purchase-Caps-for-Fannie-Mae-and-Freddie-Mac.aspx Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

In this episode we talk about the difference between construction debt and non recourse loans. Please share this so others can learn as well. Watch this episode on YouTube: https://www.youtube.com/watch?v=dkVxR4dgaNU

Blake Janover

John Darrow is an underwriter with Red Capital. He specializes in SMALL BALANCE- AGENCY loans under $7 million for NEW apartment buyers. In some areas of the nation…they will lend up to 80% leverage. He explains the differences between NON RECOURSE apartment lenders Fannie Mae and Freddie Mac. These two AGENCY lenders are similar, BUT they have important differences that YOU need to understand. REMEMBER, Fannie Mae and Freddie Mac will only lend on historically stabilized apartment buildings. They are current cash flow lenders. They will NOT finance a distressed asset (low occupancy and low NOI). Longer interest rate term, higher leverage, and non-recourse are some of the benefits of using AGENCY financing for apartment investing. You should be able to answer these questions: What lender will include REHAB into their loans? Can you get a NON RECOURSE loan in a small town with 30 years amortization? Can you do a 10 year fixed with 10 years of INTEREST ONLY? Why are these apartment loans typically better than local bank loans? What type of prepayment penalty can I expect? Can I lock my rate upfront? To receive our FREE page WHITE PAPER REPORT on the (updated) 2019 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming educational events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

In this episode we discuss how investors can reduce risk and grow their investment portfolio by utilizing non-recourse debt with Senior Vice President, Rob Doxsee. Rob Doxsee is based in our Seattle office and has financed over $1B of commercial real estate in his lending career. The last three years he has financed over $400M of multifamily agency loans and has been recognized in the top 10% of CBRE for the past two years. 

Geoffrey Platt

Today, Clay Malcolm breaks down 5 types of real estate investments you can do within your IRA, including how each works. Clay Malcolm, an expert in all things related to IRAs, explains how to use your IRA for alternative assets, specifically for real estate. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.

Today, Clay Malcolm breaks down 5 types of real estate investments you can do within your IRA, including how each works. Clay Malcolm, an expert in all things related to IRAs, explains how to use your IRA for alternative assets, specifically for real estate. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.

Dr. Wade Pfau of RetirementResearcher.com returns to Your Money, Your Wealth® to share some incredible reverse mortgage strategies that can supercharge your retirement when executed correctly. He also updates us on the new rules for reverse mortgages, explains why they have traditionally gotten such bad press, and how they’ve changed. Transcript and show notes at http://bit.ly/YMYW-168

Both Fannie Mae and Freddie Mac need someone or a few folks, within the investment group, to become the fiduciary on behalf of the partnership. They typically want a natural person to sign a “guaranty” between the lender and the partnership for a non-recourse loan. Michael explains some of the benefits and concerns if you sign on behalf of the borrowing partnership.

Today, Clay Malcolm breaks down 5 types of real estate investments you can do within your IRA, including how each works. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

Today, Clay Malcolm breaks down 5 types of real estate investments you can do within your IRA, including how each works. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

It's a shame that so few people truly understand the power of using your IRA funds to invest in real estate. Preston Despenas, Co-Founder of Growth Equity Group tells us all about it in this FlipNerd.com Expert Interview interview. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

There's a ton of pent up interest in owning rental properties, but many do it all wrong...or get in without understanding some critical parts of the business. Today, Tim Herriage shares how to build a successful rental portfolio with us. Don't miss it...on FlipNerd.com! Get your copy of our FREE "Profiting with Rental Properties" Guide!

There's much more to 'leverage' than just financial leverage. To be successful in real estate investing, it's critical to leverage your network, the knowledge of others around you, and your time. Once you've cracked the code on how to rely on others and create win-win situations, your performance will improve dramatically. Quincy Long tells us more in this FlipNerd.com Expert Tip show. Don't miss it! Get your copy of our FREE "Profiting with Rental Properties" Guide!

Jetzt das neue Immobilien-Investment-Buch „DAS SYSTEM IMMOBILIE“ von 20(!) Autoren vorbestellen! Das Buch gibt es in der Vorbestellphase (fast) geschenkt! Weitere Infos und Bestellmöglichkeit unter http://bit.ly/DasSystemImmobilieP! In dieser Folge sprechen Jan Mittl und Thomas Knedel über sogennante Non Recourse Finanzierungen. Erfahre, wie Du - gerade als fortgeschrittener Investor - Deine Finanzierungen so strukturieren kannst, dass Deine persönliche Haftung auf ein Minimum reduziert wird. Lerne zudem in dieser Folge einen einfach durchzuführenden "Stresstest" für Deinen Immobilienbestand, aber auch für die Ankaufsprüfung kennen. Mit Jan Mittl und Thomas Knedel Weitere Infos, Ressourcen und hilfreiche Links zu dieser Folge findest Du auf http://immopreneur.de/p40. Hinterlasse hier gerne auch Deinen Kommentar zu dieser aktuellen Folge. 2 spannende Bücher – 2 spannende Events: Das System Immobilie (Hardcover und Hörbuch): Noch mehr rund um die verschiedensten Geschäftsmodelle findest Du im neuen Buch „Das System Immobilie“ von Thomas Knedel und 19 weiteren Autoren. Erfolg mit Wohnimmobilien (Kombi Hardcover/Hörbuch): Zudem findest Du in der neuen komplett überarbeiteten und stark erweiterten 2. Auflage von Erfolg mit Wohnimmobilien eine Komplettanleitung für das Investieren in Immobilien. Sichere Dir jetzt das Hardcover-Buch und erhalte nur kurze Zeit das Hörbuch gratis dazu!  Die Immobilienoffensive mit Thomas Knedel (Seminar): Die Immobilienoffensive ist das neue Seminar von und mit Thomas Knedel auch in Deiner Region! Immobilien-Insider-Know-how vom Feinsten! Erlebe unter anderem hautnah in einer Case-Study an einem Praxisbeispiel, wie Thomas Knedel seine Investments aufspürt, kalkuliert, prüft und letztendlich sichert.  Der Immopreneur Kongress (Show-Event mit über 600 Teilnehmern): DER KONGRESS FÜR ERFOLGREICHE IMMOBILIENINVESTOREN - Egal, wo Du gerade stehst – dieser Kongress ist das Beste, was Dir in diesem Jahr passieren wird, wenn Du Dich für das Thema lukrative Immobilien-Investments interessierst. Erlebe über 20 Sprecher und Experten sowie vernetze Dich mit hunderten "Immopreneuren" auf einem einmaligen Show-Event! Meine Bitte: Wenn Dir dieser Podcast gefällt, hinterlasse bitte eine 5-Sterne-Bewertung auf iTunes mit Deinem Feedback und abonniere diesen Podcast. Damit hilfst Du uns und der Immopreneur-Community den Podcast stetig zu verbessern. - Vielen Dank für Deine Unterstützung! Hinterlasse gleich jetzt eine Bewertung inkl. Rezension! Weitere Infos/ Kontaktmöglichkeiten: Das Netzwerk: Immopreneur.de/welcome Der Blog: Erfolg mit Wohnimmobilien Facebook Instagram Xing LinkedIn Youtube Twitter

Clay Malcolm goes over how using hard money can work for IRA real estate investors. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

Clay Malcolm goes over how using hard money can work for IRA real estate investors. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

In the last 24 months, Bethany and Gregor Ulteig have invested in 16 apartment transactions as equity investors. Now, they have a unique perspective on how lead partners should treat their equity partners. Listen to what they believe is important when you interact with your fellow partners.

Patrick Donohoe discusses the importance of asset protection, even if you don't think you need it right now. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

Patrick Donohoe discusses the importance of asset protection, even if you don't think you need it right now. Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

Find This Episode - and All Resources - here: https://SelfDirected.org/podcasts/investor-talk/big-lie-ira-not-limited-using-non-recourse-loans-episode-149   Interested in borrowing money in your IRA to do bigger deals?  Have you been told you’ve got to use a Non-Recourse loan?  THINK AGAIN… It’s just not true!  In fact… I’ll tell you why even some “Non-Recourse” loans don’t even qualify for use in an IRA.  I’m Bryan Ellis.  I’ll tell you the brutal details RIGHT NOW in Episode 149 of Self Directed Investor Talk. ---- Hello, SDI Nation!  Welcome to the podcast of record for SAVVY self-directed investors like you! There’s been a whirlwind of activity here at SDI Headquarters.  We’re doing a lot of great deals with our clients and we’ve got a couple of really, really solid multifamily properties that, frankly, are truly solid deals – one of them a 5-unit building in the $250,000 price range and a 12-unit building around $800K.  Both fully renovated with highly reliable cash flows and double digit cap rates… a beautiful, beautiful thing.  Plus, you might recall a couple of weeks ago when I had 19 GREAT fully turnkey single-family properties available for purchase, and all 19 of them were snapped up within about a week?  Well, one of those is available again due to an unfortunate situation for the former buyer… and this is a good one!  Get this – the pro forma suggests you can get a solid 11.5% cash-on-cash return AFTER factoring out property taxes, insurance, management fees and even maintenance expenses!  And this property will only cost you $49,900 to get into it… that’s not the down payment, that’s the entire price!  So some really, really awesome opportunities available right now, for a very brief time. If that sort of thing gets your attention – as well it should – then let me know – and quick!  Just go over to SDIRadio.com/consultation and set up a time to talk with me. My friends… there’s a rumor going around.  This one is pervasive.  It goes something like this: If your IRA borrows money, it must use a “non-recourse” loan. You ever heard that one?  It’s almost true… but very, very wrong. For those of you who may not know, a “non-recourse” loan is one in which the lender’s only recourse if the borrower defaults is to foreclose the property.  The lender isn’t allowed to sue the borrower or take any action other than to foreclose the property.  These loans aren’t generally available at local banks or big lenders.  They’re the domain of specialty lenders who cater That’s the reason that the “non-recourse” fable is so prominent among self-directed IRA custodians and account holders.  You’re not allowed to use your IRA as collateral for a loan or other extensions of credit.  To do so is a prohibited transaction, and would totally blow up the account. But nowhere in the tax code – that I am aware of – is there any indication that the only loans that can be utilized by an IRA are non-recourse loans.  What is clear is that neither the IRA itself nor the owner of the IRA is allowed to accept liability for such loans. But that leaves… oh, let me see… nearly EVERYBODY ELSE IN THE ENTIRE WORLD!  Here’s what I mean: What if you could get some unrelated third party to acquire financing for a deal in your place?  Maybe a close friend or a business colleague would serve as something of a “credit partner” and allow you to essentially “rent” their credit from them.  You’d do something like pay the third party a fee, and in exchange, they’d get a loan for your deal that is more favorable or more legally compatible with your IRA than anything you could get yourself. In that case, the loan is absolutely NOT a “non-recourse” loan.  The lender could take the property – which is pledged as collateral – if your IRA defaulted, but that lender could also pursue judgments or other recourse.  But that recourse would be against the CREDIT PARTNER, and not against your IRA. So there you have it:  Use of a full-recourse loan that does not violate the requirements of your IRA. And this isn’t just a neat idea without practical value.  Here’s a simple example of why:  Most non-recourse loans that are suitable for your IRA are more expensive than the same loan would be if it was a normal full-recourse loan.  Additionally, non-recourse loans can have some unusual terms and penalties that are not standard fare in full-recourse loans. Thus it’s entirely plausible that it would be cheaper or otherwise more favorable for an IRA owner who needs funding to pay an unrelated third party a fee for them to acquire conventional full-recourse funding for the asset on behalf of the IRA.  Frankly, it’s not much different than paying points on the front end of a loan to make the loan cheaper over its lifetime. And you know, that’s not the only reason that you might consider avoiding non-recourse loans.  There’s another, more sinister, reason.  That reason is called a “carve-out”. A carve-out is an exception to the “non-recourse” nature of a loan. In other words, it’s possible – and rather common these days – for a loan to stipulate that the lender can’t pursue claims against the borrower… except for certain situations.  Those situations are called “carve-outs” or “bad-boy guarantees”.  They are exceptions for which the non-recourse provisions no longer apply. Historically, carve-outs have been used to reclaim the ability to take action against the guarantor of a loan in the event that the guarantor commits an illegal act or fraudulent act, or if the guarantor does something to impair the lender’s claim against the collateral. But increasingly, carve-outs are being used for very broad issues that, frankly, are, in my humble but entirely correct opinion, so vague as to put borrowers in real danger.  For example, I’ve got a loan document in front of me this moment from North American Savings Bank, a non-recourse lender, which stipulates that the loan is non-recourse… unless the borrower is involved in “waste committed or permitted on the property”… and there is also recourse against the borrower for any fees involved in the loan which are neither principal nor interest. Why does this matter? Even though these things are contingencies, they still represent an extension of credit by the IRA, as the IRA is committing to cover those expenses in the event it is required to do so. Why does it matter if your IRA extends credit? That one is simple:  That’s prohibited… yep, the good ole prohibited transaction… the one that irreparably blows up your account and subjects your account to Armageddon-like taxes, penalties and interest… all because you took out a “non recourse” loan which, it turns out, wasn’t really non-recourse at all. So that little trick I told you at the beginning, where your IRA pays a 3rd party credit partner to get a conventional (and cheaper) loan to finance your deal… well, that’s sounding smarter and smarter all the time, isn’t it?  Because in that case, your IRA is just paying a fee to your credit partner… but not signing on the dotted line for any loans with questionable terms that could blow up your account. And one more word of warning:  Generally speaking, you’re going to have to pay a proportionate amount of income tax from your IRA for any profits made from leveraged transactions.  So, for example, if you do a deal for which you acquired a 90% loan, then roughly 90% of the profits will be taxable to your IRA.  But with one simple change, you can probably eliminate that tax burden entirely.  What is that change?  Convert your account to a self-directed 401k instead, and suddenly, the income tax liability on the debt financed portion of your deal probably goes away entirely! That’s all for today… My friends, invest wisely today, and live well forever! See acast.com/privacy for privacy and opt-out information.

What? Yes...it is possible. Listen to Jonathan, the underwriter with one of our large regional banks, explain how to qualify for a Non-Recourse Bridge Loan. Great Interview.

James Eng with Old Capital will explain how a CMBS loan works. Listen to his 12 years of underwriting experience on this NON RECOURSE permanent loan option for apartments, office & retail. Fascinating information.

Mat Sorensen will be hosting a discussion on the proper ways to purchase property with your IRA and borrow money at the same time. Join him with Mat Allen, author of "IRA Lending" and senior loan officer at North American Savings Bank (www.nasb.com). YES - you can leverage your IRA, 401k, SEP, SIMPLE, ROTH, and HSA using non-recourse loans. Learn how to do it and not commit a Prohibited Transaction. For more information about the Show and Mat and Mark, visit www.refreshyourwealth.com.

Mat Sorensen will be hosting a discussion on the proper ways to purchase property with your IRA and borrow money at the same time.  Join him with Mat Allen, author of "IRA Lending" and senior loan officer at North American Savings Bank (www.nasb.com).  YES...you can leverage your IRA, 401k, SEP, SIMPLE, ROTH, and HSA using non-recourse loans.  Learn how to do it and not commit a Prohibited Transaction. If you self-direct a tax deferred plan, don't miss this amazing show!! Tuesday, September 23rd, at 11am PST / 2 EST. You can call in and listen LIVE on the road at 646-200-4285, or listen in here from your computer.

Mat Sorensen will be hosting a discussion on the proper ways to purchase property with your IRA and borrow money at the same time. Join him with Mat Allen, author of "IRA Lending" and senior loan officer at North American Savings Bank (www.nasb.com). YES - you can leverage your IRA, 401k, SEP, SIMPLE, ROTH, and HSA using non-recourse loans. Learn how to do it and not commit a Prohibited Transaction. For more information about the Show and Mat and Mark, visit www.refreshyourwealth.com.

Join Kaaren Hall, Business Development Manager from Entrust Financial Services LLC in Orange County for an informative hour discussing Non-Recourse Lending.

Join Kaaren Hall, Business Development Manager from Entrust Financial Services LLC in Orange County for an informative hour discussing Non-Recourse Lending.