Just when many thought foreclosure cases in the U.S. were dying down, another wave is about to hit. While the number of properties in foreclosure is lower than it was a year ago, the number of homes “under water” is still higher than some housing experts predicted.
The distressed properties are showing up in numbers larger than expected in cities that, up until this point, hadn’t been hit as hard as others, according to this NuWire Investor report citing Realty Trac.
While this doesn’t bode well for homeowners’ credit scores, it does provide a potentially profitable opportunity for investors. Many of these properties can be snatched up for a steal. And with the power of a self-directed IRA behind the investment, the returns that go back into the retirement fund are tax-free.
These bargains aren’t out of reach to the average investor. Discover what you need to do to get started and all the options available in a free webinar Thursday, May 10: “How to Profit Big from Distressed Properties You Can Win Investing in Notes or the Actual Properties.”
Kim Harrington, Principal of Northeast Capital, will reveal practical yet smart strategies that will get your foot in the door of distressed real estate investing.
In this free webinar, you’ll find out:
- Some of the most lucrative investing strategies in today’s distressed market
- How to successfully analyze a deal
- The difference between owning the property and owning the paper (note)
- How to profit from distressed mortgage notes
- How to diversify your portfolio to hedge against risk
- How to receive as much as $54,500 in tax deductions
- And much more!
Get more details or register now and begin marking more money for your IRA with a smaller initial investment.
Filed under: Uncategorized on May 3rd, 2012