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Webinar: Private Lending with an IRA
March 3 @ 12:00 pm - 1:00 pm| Free
Learn the benefits and risks of private lending in this upcoming Advanta IRA webinar.
Private lending is an increasingly popular investment in IRAs. Your IRA plays the part that a bank would in extending notes and private mortgages to borrowers. They can use this capital to purchase a home, car, investment, etc. These transactions offer great benefits for all parties involved. Your IRA earns tax-sheltered income on the interest of the loan, and the borrower is able to get needed cash.
As the IRA owner, you call the shots and get to choose who your IRA lends money to, set the terms of the loan, and decide if you’ll extend a secured loan backed by collateral or an unsecured loan with a higher interest rate.