ASHEVILLE, NC / ACCESSWIRE / March 15, 2021 / Investors turning to non-traditional assets within a retirement portfolio and operating within a self-directed IRA have many options. One important investment option is private IRA lending. According to a recent post Office At American IRA, a North Carolina-based self-directed IRA management firm, private IRA lending can be an interesting way for investors to decouple a fixed income portfolio from the stock market — while still generating consistent, aggressive returns.
Private IRA lending allows investors to make the most of the independence of a self-directed IRA. This means negotiating the specific conditions for the personal loan. As long as the investor has an agreement with the borrower – and those terms fit within the regulations – it is possible to create a variety of agreement types when it comes to the loan. In a post on American IRA, the Self-Directed IRA management company addressed some of the most common loans that can be processed this way. These include car registrations, mortgages and trust deeds, and personal business loans.
From the borrower’s perspective, this type of borrowing can be an important way to obtain funds without relying on a bank. It may be possible to obtain better terms than the bank’s regulations allow. However, American IRA points out that the terms of a private IRA loan can be favorable to the borrower, as long as both parties agree.
The post also points out the different rules governing private IRA lending and the freedoms that investors will have. These include the freedom to structure the loan repayment terms and interest rates paid by the borrower. Additionally, the Post notes that both secured and unsecured promissory notes are available. The post also notes that it’s important for investors to avoid illicit transactions with disqualified individuals, which is a key issue in retirement planning — especially with a self-directed IRA.
“American IRA, LLC was founded in 2004 by Jim Hitt, CEO in Asheville, NC.
American IRA’s mission is to provide the highest level of customer service in the self-directed retirement savings industry. Jim Hitt and his team have grown the company to over $500 million in assets under management by informing the public that their self-directed IRA account has been invested in a variety of assets including real estate, personal loans, limited liability companies, and more Investing in precious metals and more can be a lot more.
As a self-directed IRA administrator, you are a neutral third party. You do not make any recommendations to any person or entity associated with investments of any kind (including financial representatives, investment promoters or companies or employees, agents or agents associated with such companies). You are not responsible for and will not be bound by any statement, representation, warranty or agreement made by any such person or entity and make no recommendation as to the qualitative viability or reputability of any investment, person or entity. The term “they” refers to the American IRA based in Asheville and Charlotte, NC.”
SOURCE: American IRA, LLC
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