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I have 4 Notes in my Self Directed Roth IRA

Currently, I have 4 Notes in my Roth Self Directed IRA plus some cash.   They are not all the same type of Notes either and are not all secured by the same type of collateral. 

Here’s what’s in my Roth Self Directed IRA:

1 Mobile Home Note

2 First Position Mechanic Lien’s

1 First Position (T-I-C) Hard Money Loan.

Plus $6,680.51 in Cash.

Those 4 Notes produce a positive cash flow of $1052.13 */ month for my Self Directed Roth IRA.  In case your wondering what the Yield is on these 4 Notes I’ll break them down for you.

  Mobile Home Note HML @ 15% MLien 1 MLien 2
Face $14,879.38 $15,000 $9,483.84 $22,800.00
Paid $7,900.00 $15,000 $8,622.89 $20,694.58
  PMT  $600    $138.86 $333.27
N 27   180 180
I/YR ( Yield) 72.40% 15% 18% 18%

As you can see by far my best Yield is on the Mobile Home Note.  When my cash accumulates enough I’ll buy another Note to increase my cash flow. 

If I can do this, you can too…..

Will

* I’ve subtracted the Note Collection fee of $10.00 / 2 notes.

This entry was posted on Friday, August 10th, 2007 at 10:11 pm and is filed under My SDIRA Accounts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “I have 4 Notes in my Self Directed Roth IRA”

  1. Self Directed IRA Investing » Blog Archive » I plan to have 4 million for retirement in 25 years. Says:
    August 17th, 2007 at 11:34 pm

    […] Self Directed IRA Investing A blog about Self Directed IRA Investing and book reviews « I have 4 Notes in my Self Directed Roth IRA […]

  2. Rob Says:
    August 20th, 2007 at 2:56 pm

    Where do you find the notes to buy?

  3. will Says:
    August 20th, 2007 at 6:05 pm

    I’m going to write a post about Finding Notes with more info in the near future as this is most folks first hurdel. I find note mainly by networking with other RE Investors. I tell everyone I know that I Buy Notes and they just start coming my way. I also use Direct Marketing and some I created. That’s the easiest way to find a Note, create it yourself. The next time you hear words,”I don’t have the money”, it’s a good sign that you could finance something for someone….of course you need to understand the collateral and the person your financing.

  4. Self Directed IRA Investing » Blog Archive » Account Update: September 2007 ROTH Self Directed IRA Says:
    September 26th, 2007 at 11:12 pm

    […] cash I need to find some smaller, but nevertheless secure Notes.  You can see from my post here that as of last Aug I had  $ 6,800.00 in cash to invest […]

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