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Self Directed IRA Pays Off Bank Loan- With Benefits
Posted by Commercial Loans in Commercial Real Estate, Loan Programs
Electrical contractor needed to refinance his office/warehouse building and get better returns on his IRA. We converted his IRA to a self-directed IRA and he paid off his current building loan. Now he pays himself back and the interest goes back to him, not a bank, and is tax deferred. Learn more about Self Directed IRA's HERE
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I refinanced the loan on my business property with a loan from my own IRA. I had no idea I could do that! Now I make monthly payments to my new tax-deferred self directed IRA. I keep the interest, not Union Bank. I am thrilled. - R Sjoberg |
