Self-Directed IRA, Winston-Salem, NC

HomeSelf-Directed IRA, Winston-Salem, NC

A self-directed IRA enables you to invest in real estate in addition to the investments you can make with a traditional IRA.

If you have a traditional IRA, you are fairly limited into what investments you can make. If you haven’t been seeing the returns that you want or need to retire comfortably or on the schedule you’ve planned, it is worth looking into real estate investing. In order to accomplish this using your retirement funds, you will need to set up a self-directed IRA. It is important to note that there are complex real estate IRA rules, so it is wise to work with an experienced investor-friendly law firm when proceeding on this path. At Innovative Closing Solutions, we have been helping clients with real estate investing in the Winston-Salem, North Carolina area for 20 years, and that includes helping investors utilize self-directed IRAs.

Self-Directed IRA in Winston-Salem, North Carolina

There are two strategies when investing in real estate via a self-directed IRA. One is to purchase property that you plan to resell at a profit later, either by purchasing it at a bargain or renovating it to elevate its resale value. The other is to purchase income-producing property that you’ll be retaining for several years and let the rental income accumulate in your self-directed IRA. Whichever way you go, we can be a part of turning your real estate into real profits so that your retirement portfolio continues to grow at a rate that meets your objectives.

If you would like to know more about having a self-directed IRA and how that changes the process of closing on residential or commercial real estate, reach out to us to schedule an appointment. We are happy to help you on your journey, including assisting you with private loans, hard money loans, and seller financing to further advance your goals. Call today!