Here's What Our Program Offers Foreclosure Investors
We Find the Properties (20 States+ to Choose from)
We negotiate Bulk REO pricing for our purchases from 29 to 47 c on the dollar
We inspect the properties and make sure they are livable and saleable
We Guarantee that the Investor is already pre-qualified. Since there is no bank financing, transactions are much easier to close.
We clean the title, take care of outstanding liens, encumbrances on the property and issue you a special Warranty Deed. We clear the title with title insurance and issue a marketable title on the property to the buyer.
If the investor decides they want to participate in our property management program, we actively and aggressively market the property slightly under prevailing rent rates in the area.
We qualify the buyer that will purchase the property from you the investor at rougly a $25,000 premium to purchase price.
Property Management handles all the paperwork, coordination and sale transaction.
Property Management pays all closing costs related to the transaction. No cost to the investor.
Once the tenant shows a history of making monthly payments on the mortgage, we offer you 4 different exit strategies. Or the investor can choose to continue to receive monthly income on his investment.
Let's Walk Through A Typical Foreclosure Investment In Our Program:
• Beaver Falls, PA 15010
• 2 Bed, 1 Bath, working class neighborhood
• Kitchen has good cabinets, walls are sheet rock, fair condition
• Good hot water heater, new furnace with new duct work
• Est. Current Market Value: $50K
Our Program Purchase Price: $19,995 - $24,995
Step 1: Investor Fills Out Agreement & Places a 10% Only Refundable Deposit
Step 2: Investor Receives 3 Properties Based On Criteria Listed In Application
Step 3: Investor Receives 7 Days to Conduct Due Diligence On Property
Step 4: If Properties are acceptable, Investor wires remaining funds into Escrow
Step 5: Investor Receives the Deed & Holds Property Free & Clear
Most questions you may have are answered in our frequently asked questions section
Optional: Investor Decides to Participate In Property Management Service
Investor decides to participate in the Property Management Program
Property Management markets the property for the Investor
Property Management finds a buyer / tenant for the property
If Investor Chooses, Property is sold to the tenant for a minimum of $45,000.
Investor receives a note for $46,000 at 10% interest from the buyer and a first lien on the property
Assuming Tenant pays $600 a month, the investor receives $7,200 a year. Cash on Cash ROI = 27.8%
In 6 to 9 months, Property Management sells the note if the investor so chooses for approximately $46,000,
OR investor can continue to hold the note and earn monthly interest.
Summary:
Cash On Cash ROI = 25-35%
Appreciation on Sale (usually 6 - 9 months) = 75 - 120%
Most questions you may have are answered in our frequently asked questions section
This Program Is Only Available On a First Come First Serve Basis.
Properties Sell Every Month and new properties are purchased each month. Program will continue as long as we can continue to locate attractively priced properties at bulk rates.
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