Realty411 Magazine Featuring Lori Greymont | Page 21
“Non-recourse financing is also
the perfect partner for those
investing with self-directed IRAs.”
and being forced to
jump through more
hoops than a cir-
cus animal.
The big ques-
tion is – where
can investors
find an effi-
cient solution
for investing
in income
producing real
estate safely,
and get access to
attractive long term
leverage that enables
them to fully capitalize
on the current market, and
lock in the best spreads?
THE GEG SOLUTION
Brett and Preston’s solution has been
gaining quite a bit of media attention.
Providing assistance with self-directed
IRAs, and 24/7 access to everything
investors could want to know about
their investments via the GEGMan-
ager.com portal, investors have been
enjoying higher net spreads and
sleeping better than they have in over
a decade.
However, what really has Preston
their skin in the game and
back investors with
up to 60% no credit
check, non-recourse
financing, with 30
year amortization
payments.
Non-recourse
financing is also
the perfect partner
for those investing
with self-directed
IRAs. For example;
an investor using
just 50% non-recourse
financing and that has 50%
of their portfolio in income
producing real estate is really
effectively hedging 100% of their nest
egg value against inflation, while adding
double digits to their net gains each
year.
While GEG is a national investment
firm Brett T. Immel says the firm is
extremely bullish on Virginia right
now. This is the #1 state for business,
offers low property taxes, and has
added 200,000 new jobs since 2010.
Investors can find out more about
the strengths of VA and the funda-
mentals which are powering up the
local economy, and have enabled
NON-RECOURSE LOANS
Non-recourse loans are secured by real estate,
but for which the borrower is not personally
liable. This preserves personal credit and is an
indicator of properties lenders are extremely
confident in loaning on.
M. Despenas pumped up right now is
the pre-approved “5% non-recourse
financing” that is being provided to
Growth Equity Group investors. This
means someone else with sizable
amounts of capital is willing to put
GEG investors to enjoy 100%
occupancy rates via the Growth
Equity Group blog.
The firm also recently unleashed
a brand new website re-design at:
http://growthequitygroup.com
VIRGINIA QUICK FACTS
• Virginia’s population has
risen at every census since
1790.
• Virginia is home to the
U.S. county with the highest
median income.
• Virginia has the most
counties in the Top 100
Wealthiest in the U.S.
• Seventh largest number
of millionaires per capita.
• Ranked best for business
by Forbes.
Growth
Equity
Group
Top Photo:
Preston M.
Despenas;
Left: Brett T.
Immel