Real Estate Investing the Street Smart Way with Lou Brown
Real Estate Investment Training - Real Estate Investors
Help People With Money To Loan To Set Up A Self-Directed IRA, Then Borrow From It - Street Smart Cash Flow Accelerator #34
Lou Brown
May 19 2019
Help people with money to loan to set up a self-directed IRA, then borrow from it
101 Street Smart Cash Flow Accelerators #34
Help someone who has some money that they would like to loan, put that money to work. If they've got a self directed IRA, fantastic, they can move that money. They can actually loan that money to you. But what if they've got money in a retirement account and it's not a self- directed account? Self-directed means that they can actually direct that the money comes from the IRA Custodian to you and what you give back is a note to the IRA Custodian and they hang onto that and watch the payments come in based upon those notes.
Well that's exactly what you can help Mrs. Jones to. You can help her move her money from a traditional IRA into what's called a self-directed IRA and there's plenty of self-directed IRA custodians out there in the world that can take care of that for you.
That's what I encourage you to do. Then once you help them set up the IRA, you can borrow the money from it and it's one of the easiest monies to borrow because people don't need that money for their groceries. They don't need that money to pay their bills. That money is orbiting around the sun in their retirement account, and most of that money is earning 0.0 something percent interests. Imagine that you can now give bank rates for the money, and I'm talking about what the bank charges for a loan. You can now give that to a retirement account holder.
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan
* How to have a buyer or renter before you even buy property
* How to have them already pay you money before you sold them anything
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
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Web Site:https://millionairejumpstart.com/ and https://streetsmartinvestor.com/
Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, "Lou" draws from a wide and varied background as a real estate investor having been buying property since 1976.
He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.
He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
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About Lou Brown
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