There is no better time to invest in the real estate market than right now. It is possible to get property at rock bottom prices. Although a lot of Americans may currently be afraid of the real estate sector, a lot of foreigners are getting the sense that there is no better time to acquire property in the US than right now. The real estate market has been experiencing a sharp rise in the number of people buying property as an investment in the last two years.
Use your small business 401 k to invest in real estate
You don’t have to sit in the sidelines and watch as many reap the benefits that a real estate investment can come with. Not when you have a retirement plan. It may be possible to reap the benefits of a small business 401 k if you are eligible. Those who are self employed or have a small business without full time employees (with the exception of a spouse) may be eligible for the small business 401 k.
Advantages of a small business 401 k
A small business 401 k allows you to invest tax free, hence it makes sense to use it as a real estate investment vehicle. You can also make higher contributions and borrow up to $50,000 at any one time. So you don’t have to say that you cannot get into the real estate sector because you don’t have the capital you need, you could use your small business 401 k and take advantage of its potential to secure your future. It is expected that the real estate market will keep growing. The small business 401 k enables investors take full advantage of this boom. This will allow you to get more income from your real estate investments and support yourself and your family better.