Are you in Real Estate? Contemplating on dabbling in this lucrative industry? Latter Financial Group has all your Real Estate ventures covered. Whether you’re purchasing, owning-holding, renting and/or selling property, we can assist your business with more alternative & creative lending options than any other source in the nation. We understand that Real Estate acquisitions and procurement is the heart and soul of your business survival and that the faster you can procure funds for your projects, the faster you can grow into this unlimited revenue cash machine industry. Our network of Alternative Lenders see pass the limits of risky investments and in turn help you get the funding you need to grow.
Private money is basically the savings of an individual or an organization. It can be their retirement savings or their investment savings etc… Private money is borrowing money from a private money investor or organization for your specific project. It’s a direct loan from a private investor to you or to your company without the traditional qualifications and official requirements. It’s having many more advantages as compare to other types of loans because it builds a very good relationship between a lender and a borrower. It takes your shorter time to fund your loans. Private money lenders give more control to a borrower over their loan, and private money loans generally have a shorter loan period than banks. And the very obvious advantage of this loan is that it allows the borrowers to be independent and to expand their businesses. It’s the safest way to invest your money, as a private money lender you are the bank, as a bank you have low risk about anyone because your money directly goes into an equity account.
In short terms, private money arrangements can provide very flexible and simple policies and this loan is very useful for start-up companies especially those with less than a perfect budget.
Borrowing against your 401K means, you are borrowing from yourself. Unlike borrowing from a bank, the interest you pay, you pay to yourself. The amount you borrowed is no longer invested so rather than getting investment gains; your “gain” is the interest you payback. This is our 401k Rollover for Working Capital program. Also known as a Rollover for Business Startups (ROBS) as coined by the IRS. Essentially, we are rolling their funds into a new 401k plan (designed by our team) which purchases stock in the client’s private C-corp. By purchasing stock, it puts the funds in their corporate checking account to be usable for any business purpose. They can then contribute profits/revenues back to the 401k plan, along with offer it to employees.