All Forum Posts by: Account Closed

Growth Equity Group structures investments with a high-yield, low-risk approach that is focused on self-directed investors, adhering to all the ERISA guidelines required to create passive income in your retirement portfolio and ultimately allowing you to build long-term wealth.

We have recently acquired some multi-unit properties in the Chicago area and the response from our real estate investors has been highly positive.

The property comes fully rehabbed, tenanted (cash-flowing), with non-recourse financing in place. Contact me for more information.

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Originally posted by @Mark Nolan:

Presumably you would also accept self-directed solo 401k investors.

We do work with solo 401k investors as well. Thank you for the note.

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Attn Self-Directed Investors with $100k+; multi-family Chicago 11% returns

Purchase Price = $524,900

Non-Recourse Financing in place: $336,000

Rent = $4,900

Annual Net Cash Flow = $20,330

This property is fully rehabbed with tenants in place, so cash flowing from day one.

11% cash-on-cash returns and long-term investment.

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Chicago area multi-family property available for self-directed IRA investor:

Purchase Price =

$464,900.00

Pre-Qualified Non-Recourse Financing =

$324,000.00

4 Units, fully rehabbed, monthly gross rent = $4,200

Cash-flowing from day one.

Call me for more information.

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Originally posted by @Matt Devincenzo:

When you say: "My primary goal is to watch and learn how someone else walks through the entire process so that I can move into using my own conventional lending in the future after I have built some experience." what is it you are really looking at doing?

I ask because in general I don't know of anyone that does any sort of RE investing using IRA's for clients. The whole self directed IRA thing is just that "self directed", you are your only guidance and council on the investment. The custodians really just do some paperwork, and maybe will shut you down if you're proposing a prohibited transaction.

Speaking of in general, you are much MORE likely to make a mistake in a SDIRA investment than personal, and the penalties are stiffer. The reason being there are many more rules about what you are and are not allowed to do.

Personally it's much easier to pick up the pieces when you make a mistake investing personally than in a SDIRA. you have more lending options, you have less restrictive rules and you have the ability to just do work yourself if necessary. With an IRA all of those become harder not easier.

Maybe if you can give an example of what kind of an arrangement you're looking for it would help get you a better answer, I may just be I don't understand what it is you're looking for.

There are firms that work with real estate investors within the SD IRA space! The Growth Equity Group solution is just that.

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Equity IRA is focused on educating and providing quality customer service to anyone interested in the self-directed space, they give free consultations.

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You can use SD IRA to generate passive income by holding a rental (+ ERISA compliance).

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Recently acquired 4, 5, and 8 unit multi-family properties in Chicago area.

These are tenanted units with pre-qualified non-recourse financing in place for anyone looking to diversify their retirement portfolio.

Contact me for more information:

Jamie Varnhagen

(773) 634-8599

(248) 390-5455

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Growth Equity Group makes investing in real estate easy by offering inventory, non-recourse financing and management services.

We are constantly exploring and analyzing real estate markets throughout the United State, identifying emerging markets that are prime for rapid growth.

We work with all federally insured custodians who hold our clients accounts and pride ourselves on customer service.

Contact me anytime with questions or for more information.

Jamie Varnhagen

Senior Associate

Growth Equity Group

773-634-8599

[email protected]

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All Forum Posts by: Account Closed

Account Closed has started 25 posts and replied 31 times.

Post: Chicago 4 Unit Multi-Family Property (with non-recourse financing in place!)

Post: Self-Directed Real Estate Investment

Post: Attn Self-Directed IRA Investors with $100k+; multi-family Chicago property opportunity

Post: Attn Self-Directed IRA Investors with $100k+; multi-family Chicago property opportunity

Post: Self-Directed Investment Multi-Family Opportunity

Post: Using Self-Directed IRA

Post: IRA

Post: Self Directed IRA

Post: Self-Directed Investment in Chicago Multi-Family Property

Post: Self-Directed IRA Real Estate Investing