In this video, you will learn what a non-recourse loan is and how you can use one to help fund your Self-Directed IRA’s investment.
A non-recourse loan is a loan in which the borrower (your Self-Directed Checkbook IRA) is not personally liable for any outstanding debt on the loan. This type of loan is typically used when diversifying your retirement portfolio into real estate.
Non-recourse loans open the door for investors to build wealth by using leverage to invest in real estate. Broad Financial’s simple account set up and unparalleled customer service coupled with our preferred lending partner offers you the unique opportunity to invest in real estate with your retirement funds. A non-recourse loan benefits the borrower because in the event of a default, only the collateral (typically the property purchased with the non-recourse loan) is liable, not the IRA or its account holder.
Here are the steps to using a non-recourse loan to help fund your Self-Directed IRA’s investment.
Schedule a call with a Broad Financial Specialist to discover your options.
Disclaimer: Broad Financial LLC does not provide legal, tax, or investment advice. Please consult with your tax or legal advisor before making investment decisions.
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