Higher mortgage interest rates could help IRA cash buyers take advantage of real estate investment opportunities
IRA Financial Group, the leading provider of self-directed IRA and Solo 401(k) plan retirement solutions expects a higher interest rate environment to have a positive impact on self-directed IRA real estate investors. IRA Financial expects to see a surge in self-directed IRA real estate investors with cash to take advantage of real estate investment opportunities. Cash purchases traditionally make up a small percentage of home sales, however, over the last few years, due to retirement account holders and wealthy foreigners, all cash home sales are becoming the norm and not the exception.
On June 13, 2018, the Federal Reserve raised interest rates and signaled that two additional increases were on the way this year. “We expect a higher interest rate environment to potentially create some real estate investment opportunities for self-directed real estate IRA cash buyers,” stated Adam Bergman, President of the IRA Financial Group & IRA Financial Trust Company.
The primary advantage of using a self-directed IRA or solo 401(k) plan to make investments is that all income and gains associated with the IRA investment grow tax-deferred or tax-free in the case of a Roth IRA.
With IRA Financial Group’s self-directed IRA LLC solution, traditional IRA or Roth IRA funds can be used to buy real estate throughout the United States in a tax-deferred account. “By using a self-directed IRA, our clients have been able to use cash to find attractive real estate opportunities while gaining the opportunity to move quickly on a potential investment,” stated Mr. Bergman.
IRA Financial Group & the IRA Financial Trust Company is the market’s leading provider of self-directed retirement plans. IRA Financial has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate and cryptocurrencies. IRA Financial Trust offers self-directed IRA and 401(k) plan custodian services for one low flat fee.
Adam Bergman, IRA Financial Group partner, has written seven books the topic of self-directed retirement plans, including, “How to use Retirement Funds to Purchase Cryptocurrencies,” “The Checkbook IRA,” “Going Solo,” “Turning Retirement Funds into Start-Up Dreams,” “Solo 401(k) Plan in a Nutshell,” “Self-Directed IRA in a Nutshell,” and “In God We Trust in Roth We Prosper.”