Can I keep monthly cash flow without the headache?

Question: Love your monthly cash flow from rentals but tired of the ongoing maintenance headache? We have a solution.

Statement: The goal is passive income but ongoing maintenance isn’t passive.

Solution:

We would like to buy your house as-is, with or without tenants, as an owner finance deal. This means you act as a bank and we pay you every month. We put down a down payment and pay you interest as well.

A typical transaction would use this:

• Down payment: 5-20% (paid to you)
• Price: 70-80% of the homes value
• Interest rate: 5-7%
• Years finances: 15
• Closing costs: We pay them all, including maintenance fees, except taxes.
• Timeframe: Takes about 3 weeks on average.

If the property has problems associated with it, as most rentals do, that’s OK and expected. For example if you have problem tenants that have stopped paying rent, the property needs repairs, behind on taxes, or maybe you have multiple rental homes?

There is always a win-win solution.

We have the experienced legal and financial institutions in place for a turnkey solution.

Seller Financing Examples

Example 1 – Joe

Bought house 17 years ago for $109K, he put down $15k and owes about $58k (13 years left on his mortgage). His monthly mortgage payment is $504.61 + insurance and property taxes.

The house is currently worth $150k after repairs and needs some touchup work, a new roof, and a new A/C (in a couple years).

Currently he has renters in the home that pay $1,400 month. He had great tenants for years, but these new tenants are late on rent most months and complain more than past tenants.

Our Solution: We buy Joe’s house for $120k.

• $15,000 down payment
• 15 years at 5% interest
• Joe gets $830.33 each month (we pay insurance, taxes, and all repairs).
• Joe makes $324.72 of passive income every month (in the final last two years he makes $830.33 of passive income per month since his mortgage is paid off)

Example 2 – Raul

Bought house 17 years ago for $109K. He had a 15-year mortgage and has paid off the property in full.

The house is currently worth $150k after repairs and needs foundation repairs and some touchup work.

Currently he has renters in the home that pay $1,400 month. He had great tenants for years, but these new tenants are late on rent most months and complain more than past tenants.

Our Solution: We buy joes house for $120k.

• $15,000 down payment
• 15 years at 5% interest
• Raul makes $830.33 of passive income every month

This allows you to keep your monthly income but you no longer need to worry about the new roof, or anything else that comes up with the tenants. At this point you only have to worry about is what to buy with that 20 grand you just made.

At this point tenants are our responsibility. If they don’t pay, we deal with it. We’ll manage the overflowing toilets and busted pipes after a freeze.

You will collect your monthly income for the next 15 years!!!

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