If you are one of the thousands of Americans feeling the burn as your 401(k)s plan struggles to overcome the 22% tumble from last year, it's not too late to repair the damage.
All of us are being inundated with what is going on in the economy. The big, bad word of recession looms like an ominous cloud in the headlines.
Most bankable borrowers will have multiple sources of financing/capital at their disposal, including friends & family, banks, and alternative lending options like Ignite Funding. But if banks are known to have the most affordable capital out there, why would borrowers need so many financing options? Below are a few of the main reasons why borrowers come to Ignite Funding to fund their projects:
We needed more room to spread our wings, so we are moving from our location on 2140 E Pebble Rd effective July 25th. Please note our new address below for your records to ensure that all future postal service is directed to the correct location.
The question isn’t at what age you want to retire, it’s at how much income you want to have when you decide to. If you’re simply relying on stocks, bonds, and mutual funds for your investment strategy, then you are missing what could be a pivotal vehicle for the growth of your retirement nest egg. Did you know that you can invest in real estate with a retirement account? With Trust Deeds at Ignite Funding, you can diversify your portfolio from the conventional market AND compound double-digit returns in a qualified account. Trust Deeds have longer hold periods, lower investment minimums, and offer capital preservation, making it an ideal investment to deploy for a long-term retirement strategy.
When determining what Trust Deed investment to invest in, the single most important aspect is the collateral that is backing the loan. The only security an investor has in the event of a default is the real estate itself. Real estate collateral operates in a similar fashion to that of an auto loan. If the auto finance company lends to the consumer and the consumer defaults on the loan, the finance company takes the collateral back. The only true recourse an investor has is the collateral, this is why Ignite Funding is hypersensitive to the current market valuation and future market valuation of real estate.
Ignite Funding earned the highest compliance examination score a licensed mortgage broker can achieve from the Nevada Division of Mortgage Lending. Nevada has some of the most stringent licensing requirements, lending practice regulations and oversight in the nation.
IGNITE FUNDING IS NOT A ONE TRICK PONY
Ignite Funding proves that real estate lending does not stop because of an epidemic as its investors continue to fill the gap left by traditional bank lending, reaching a new milestone of $750,000,000 in real estate projects funded by private investors.
Think Realty shines a light on some of the many women who are making waves in the real estate investing industry.
Striving to become a savvier real estate investor? Then understanding underwriting basics is a building block you can’t afford to skip. Every Trust Deed investment at Ignite Funding starts with the underwriting of the loan and the subject property. Our process follows the framework of many of the same questions you may already be asking, such as, what regions do we originate in & why, how do we find & vet borrowers, and how do we qualify a property? So, let’s get started!