Aspiring Innkeepers: Interested in Controlling Your Own 401K?

401k money as downpayment for a bed and breakfast purchase, 401k options, commercial financing, financing, ROBS, self directed IRA, using 401k as a downpayment / By

What if you could invest your 401k funds into your own business? It could potentially make a big difference in what you can afford to buy if your only source of downpayment had been from the equity in your home.

If you’re interested in learning more about this option, and we are seeing it become increasingly appealing for inn buyers, check out R.O.B.S (Rollover as a Business Startup) or what is also referred to a Self-Directed IRA.
One of the companies we and our clients work with is Guidant Financial. Read more about it on their website. 
There are very strict compliance regulations when it comes to this type of corporate setup and it’s important to work with an intermediary (such as Guidant) rather than an accountant to handle the process. The last thing anyone wants is to be faced with an IRS AUDIT! 
Would YOU like to be in control of the success of your investment?

Commercial Interest Rates Today

The rates we have been seeing in hospitality lending in Maine for years have been relatively and historically low for commercial loans. However, they keep changing very quickly. Contact me to discuss current rates.

 

Did You Know?

Not everyone who is a licensed real estate agent is a Realtor®?

A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.

 

And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.

 

I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.

 
Ethics, Expertise and Education – the REALTOR® difference at work for you.”

 

Dana Moos, Hospitality Investment Broker, Realtor®
Representing Inn Buyers and Sellers Statewide Since 2008
Director of Lodging and Hospitality Brokerage, Swan Agency Real Estate
www.danamoos.com      207.266.5604     dana@danamoos.com     dana.moos@swanagency.com
We work Maine.     We play Maine.      We are Maine.

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I am a member of Maine Association of Realtors, Maine Tourism Association, Hospitality Maine, and the National Association of Realtors

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