Cash is King – Get the Wholesale Price!

Buy the lot and start building within 1-2 months. Pay the wholesale price of $225,000 based on the payment plan. You are getting that price for paying cash. We are ready!

New Construction Loan

In order to get a New Construction loan of 50% LTV, you need to have a co-sponsor with a new construction background. We can be that sponsor but the property price will be $245,000 for the Gold Model and $279,000 for the Premium Model.

Gold Model Total Price: $245,000
Payment 1 – When the contract is signed – $61,250
Payment 2 – Lot, Foundation & Surrounding – $61,250
When the property is completed we will do the financing for the other 50% of the purchase price.

After the property is ready, you can refinance and get 60% to 80% out based on the market value. Let’s say you got $231,000 out (80% of 289,000), you can now purchase another property and do it all over again – BRRRR!

From time to time we might have ready-made homes for sale. The price for a ready-made home, or a property that is 1-2 months from completion would be $245,000 for the Gold Model and $279,000 for the Premium Model.

As a foreign national you would be able to get a 65% LTV Mortgage so you will need to come up with a 35% deposit to close on a property and we would provide assistance in getting you financed for the rest 65%. (+ closing costs)

Gold Model Total Price: $245,000

Payment 1 – 35% down payment – $85,750

Payment 2 – 65% through a US Mortgage – $159,250

  1. Choose the preferred model.
  2. Purchasing the lot.
  3. Building Permit.
  4. The investor pays 30% of the WHOLESALE PRICE (+ the loan closing & financing fees), and we bring 70% through a New Construction financing. (70% LTV)
  5. We become 51%-49% partners so we can get a US Citizen discounted interest rate that will save a lot.
  6. Lien Mortgage Note by the name of the investor.
  7. We build the property – foundation, surrounding, roof, plumbing, electric, internal work, paint etc.
  8. We provide constant updates during the building process – pictures and videos.
  9. We hold the property and rent it for 5 years.
  10. We re-evaluated the business plan and we decide if to keep holding the property or sell it for profit

Financial Freedom

 
 
For all of our investors
  1. Check the properties while they are being built.
  2. Go through the final inspection and occupancy certificate and fix any issues. You get a 1 Year Builder’s Warranty.
  3. Assist all the way until the investors get a key to their property.
  4. Connect the investors to a property manager.

As part of our partnership, we will also…

(For 5% management fee)

  1. Locate and screen a proper tenant with the property management.
  2. Prepare the lease agreement with the tenant.
  3. Continuously work with the property manager for any issue in the property
  4. Monthly deposit to the investor’s bank account
  5. Quarterly reports to the investors