Self Directed IRA for Real Estate: EZ House Buyers

Self Directed IRA for Real Estate: EZ House Buyers

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Some Self Directed IRAs have more restrictions than others.
As an example… some of them require that you submit the investment details to them… they analyze it… then they send the cash from the account.

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Publié le 29 septembre 2015
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Self Directed IRA for Real Estate: EZ House Buyers
We get asked questions all of the time from savvy investors who we work with here atEZ House Buyers.
Most of the questions surround buying investment properties in Houston, Texas TX… which we of course know a lot about.
But one part of buying an investment property or rental property is how are you going to pay for it?
And, can I use my IRA to buy local investment properties?
Choose the Type of Self Directed IRA Wisely To Use It for Your Real Estate Investments
There are lots of options when it comes to self-directed IRA’s.
Not all SD IRA’s allow you to buy real estate in them… so you’ll have to do your research to find the best SD IRA custodians so you can start buying Houston, Texas properties in it.
Checkbook Control
Some Self Directed IRAs have more restrictions than others.
As an example… some of them require that you submit the investment details to them… they analyze it… then they send the cash from the account.
But there are accounts that give you what’s called “check book control”.
An investor in self-directed IRA for real estate with control of the check book is able to make purchases by just writing checks rather than having to go through the lengthy process of having to pass it through the custodian first. This lets you take advantage of deals that you have to act quickly on (which many of our local Houston, Texas investment properties go fast).
Your Role in The Investment After The SD IRA Purchases It
You as the owner of the self directed IRA account have the ability to really manage the investment in hands on manner. The roles include: receiving checks for rent payments from tenants, managing the properties, etc… everything you’d normally do as the owner of an investment property.
Of course, there are more guidelines that you have to follow if you plan on using yourself directed IRA for real estate in Houston, Texas… so make sure you do your homework and do these two things immediately:
Find a great self directed IRA company / custodian:This is the first step. You have to get this in place before you even think about purchasing anything through your IRA. If your current IRA holder won’t allow you to buy and hold real estate in it… call us Don McClain EZ House Buyers at (281) 616-5750 and we’ll refer you to the best local custodians… and they’ll be able to help you transfer your current IRA to your new self directed IRA.
Find a couple great Houston, Texas investment property experts, like us at EZ House Buyers. One of the best ways to get great properties here in Houston, Texas TX is by working with a professional investment property company like ours. We find high discount properties (both single family and multi-family) all around Houston, Texas and sell them to investors like you at discounts so you can turn them into solid profitable rental properties.
We atDon McCainEZ House Buyers Can Help You Get Rolling With Your SD IRA For Real Estate.
Just reach out to us at the phone number below or send us an email… and we’ll walk you through the process, point you to the best SD IRA resources locally in Houston, Texas, and get you on our Preferred Investment Property buyers list.