401K investing in Real Estate

I was just curious as to see how many agents have clients that have used their unlimited IRA to invest into Real Estate.   What are some of the pros and cons of doing so, and who did you go through to set up the IRA?  I am extremely interested in this field what is everyone else's' take on it???
 
Posted by Scot Thrapp on 09/18/2007 11:19 AM   Comments (4)    

4 Comments on 401K investing in Real Estate

I have heard of investments for real estate like a 401 k. I believe you must leave money in for 5 years or be panelized and put away up to 30K.

09/18/2007 11:34 AM by Susan Trombley Re/Max Broker Raleigh NC & Surrounding Areas (Re/Max Hometown)

Write more post....

09/18/2007 09:10 PM by Brandon Causey Realtor Coastal Palmetto Realty LLC (Coastal Palmetto Realty LLC)

Get to posting

09/21/2007 04:52 PM by Brandon Causey Realtor Coastal Palmetto Realty LLC (Coastal Palmetto Realty LLC)

Scot, I did look into this at one time for myself and I found out that it can only be done in about nine states. Has to do something with the way the title and deed are prepared in these 9 states.

09/28/2007 12:10 AM by Todd Clark (Realtor), GRI (Washington Co, Beaverton, Oregon) (Kastings & Associates, Oregon)

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Real Estate Agent: Scot Thrapp (Coastal Palmetto Realty )
Scot Thrapp
Conway, SC
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