Attention! Free and Clear Home Owners
Here's What Every Free and Clear Owner NEEDS to Know Before Selling Their Rental
The cost to sell is NOT 6% like the realtors want you to believe. Which of these typical scenarios will you get caught in?
First - You'll have to choose - do you keep the tenants in place and lose all the profits to first time homeowners? Do you risk kicking them out to get a higher price? What if they refuse (to leave?) and stop paying? What if the house takes longer to sell and you no longer have rent coming in?
Second - You list the house and find a buyer! However, they ask you for $5k in closing help. It's only $5k and not worth passing up the sale, so you accept.
Third - The inspector comes and does his job: Scaring the buyer to justify his fee. After the inspection, the buyers are spooked and threaten to back out unless you do the laundry list of repairs.
Lastly - It's the day of closing and you're ready for the big check! You expect to see a $200,000 check and notice after the realtors, repairs, holding costs, discount, and conveyance tax (1.5%-2%) you're only getting $170,000. WHAT HAPPENED to 6%?!
Tax man's final say - That's right, the dreaded Capital Gains, anything over $40,000 to 450K is taxed for 15%! Talks are currently underway to increase taxes for capital gains.
Our Proven Free and Clear Selling Method to Get Top Dollar with No Fees, Tenant Drama, or Repairs
There has to be catch right? The "catch" is simple. It's TIME!
If you are a patient investor who wants top dollar and you don't need all the cash up front, our solution is for you.
We upgrade you from the landlord to the bank (passive investor). What does that mean?
When you sell the property, you have NO obligations or bills - tenants, rent, insurance, taxes, late night calls.
We agree on a total price (loan amount) and monthly payments no matter what until paid in full.
You (the bank) pick the length of time of the loan. The more time, the more you'll receive for the property. You'll be paid in full for the remaining balance on or before that date.
5 Ways Patient Sellers Reap Large Rewards
1. You get to skip any tenant drama. No need to worry about repairs or late-night phone calls.
2. You don't have to do ANY repairs. We buy the property in as-is condition.
3. You don't pay a dime in realtor fees and get to skip the hassle of closing.
4. Most IMPORTANTLY where we differ from low-ball investors you get your desired price. Other investors will only let you skip the hassle if you take a HUGE discount. We use time to benefit us both.
5. By breaking up your payment, you can avoid the 15% capital gains tax on all monthly payments. Any payments below 40K per year gets 0%! Instead of getting hit for 15% at the second you sell, get that equity in chunks that lets you avoid the big hit.
3 Quick Risks Sellers Need to Know
1. What if I stop getting the monthly payments?
This the absolute worst case scenario and not something that is likely to happen. This is because you are the first position lien holder on the property. However, as a smart investor, you should know the risk.
If this were to ever happen, understand that you'd get your house back and keep any payments and appreciation.
This doesn't that mean you have to do a long and costly foreclosure.
Why is that? The good news for you is we would never put our assets at risk.
The people who benefit from stalling foreclosures are homeowners with nothing to lose - not investors.
2. What if the tenant stops paying or something breaks?
The best news is... that's no longer your problem!
You get your payment no matter what - regardless of tenants, damages, our responsibility is to you. Not the other way around.
We have large reserves, insurance, and multiple properties to cover any disparity in funds.
3. What if you don't have the balloon payment at the end of the loan term?
It's simple, we either refinance or sell the property. The loan starts paying you significant interest every single day that balloon payment isn't met.
Frank - Real Example: Free and Clear - Sell over Market!
Frank is 68 years old and has been in the real estate business for over 20 years. He owned 6 properties free and clear. He liked the income, but wanted to move on when the time was right by getting the most for his properties. The problem?
Frank's properties depreciated over the last 20 years and was going to get hit with large capital gains tax of 15%! Also, his properties weren't renovated HGTV homes. They were loved and lived for 20 years and in desperate need of repairs. For Frank, this means he can't sell to a typical buyer on a loan. His only options are to wait for the tenants to leave, and waste money and time into a lengthy repair to get it ready for the market or to accept a low cash offer.
What we did was upgrade Frank from the landlord to the bank! He sold to us homes "as-is" and with the tenants in place with NO closing costs or repairs. He gets a check in the mail every single month with NO obligations and gets cashed out in full at the end of our 7-year term.
How does that look?
Selling with Agent
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Waiting on tenants and managing rehab.
LESS money
Sell with Us
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No hassle, no repairs, no tenant drama.
More Profit!
Get Best Terms Offer
For Your House
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