Blog - Pacific Private Money

“Most Americans are simply not prepared to fund twenty years of retirement.”  That’s a direct quote from Tom Anderson, founder and president of PENSCO Trust, one of the nations leading self-directed IRA custodians. And this was before the recent meltdown in the stock market. Many, if not most, are not on track to retire successfully. …

The present banking and financial crisis is creating a growing demand for alternative financing sources. Banks are particularly bearish toward real estate investors, many of whom are seeking financing to leverage their acquisition of bank-owned properties. Of those banks who are still considering investor loans, many won’t loan to you if you own more than…