Posted by: chrisdemay in Untagged on May 11, 2009
Homes for sale under $100,000. Condos selling for under $50,000. Would you believe residential property can give you over 10% return, without any appreciation? One investor is looking at the following deal: $34,000 condo purchasing with his Self Directed Individual Retrement Account (IRA). Rent $550 month, Expenses $130 month. Cashflow Annually = $5,040. That equals a 14.8% Cash Flow on Investment!! Also, because the condo will purchased in an IRA, the investment is growing 100% tax deferred. Call for a full explanation on how to invest your IRA into real estate deals like this.