Tuesday, March 22, 2011

ALTERNATIVE WAYS TO BUY

There are a lot of reasons why folks can't get a loan to buy property. But there are several ways to buy property that don't require jumping through all the mortgage lender hoops! There's one that is especially intrigueing. And that's the self-directed IRA.

Somewhat different from the traditional IRA, the self-directed IRA allows the holder to dictate the investment options. So if a buyer wishes to buy a home and the options for getting a loan through traditional sources are very limited, he can pursue a holder of a self-directed IRA. If he knows somebody who has one, a deal can be worked out for the IRA to lend the money to buy a home or a ranch or a commercial property.

Call me if this is an interesting prospect......especially you who are self-employed and show little income on your tax forms!! www.johncmartin.com 903.530.3380

Wednesday, March 02, 2011

SOME TOUGH TIMES

Well, it could be that there will be many who soon will wish they had bought a home or some acreage here in East Texas. This just doesn't look good to me. There may be some time left, though, to pull the trigger on a purchase here in a safe part of the country. If you have some cash that isn't working for you very well, what better place is there than right here to make an investment in something you can actually USE! You can't use gold; you can't use silver; you can't use stock certs; you can't use munis.......but you can live on your property, and you can make a living on your property, and you can grow stuff on your property. Tune it in, and see if I'm not right!