REJVP - Real Estate Joint Venture Partner

Q:         How do you help renters?

A:         Tenants today face more restrictive rules and application requirements laid down by landlords and property management companies. We have positioned ourselves to be very flexible and creative in getting nice folks into our homes, thereby providing a much needed service. We can even rent to folks who recently had a bankruptcy or foreclosure.

Q:         How do you help buyers?

A:         We offer several great programs and unique opportunities for buyers. This includes our owner financing program, our down payment assistance program and our sweat equity program. Buyers today are finding it more and more difficult to qualify for loans. Our programs help buyers get into a home they want to purchase quickly… allow them to start building equity for the future and help them avoid throwing their money away on rent.

Q:         How do you help sellers?

A:         A lot of sellers today are having trouble finding a buyer when they decide to sell. And there are typically a lot of hassles a seller must endure to get their home sold. Using a long-term investing approach, we can offer sellers an attractive price, close or take possession whenever they want… and give them an opportunity to avoid all the hassles of selling a house.

Q:         How can you afford to pay double or triple CD rates?

A:         We make our money by providing valuable services to the sellers, buyers, renters and private lenders we work with.

By cutting out the middlemen, we can avoid the costs normally paid out for real estate commissions, mortgage broker fees, loan fees and property management fees.

We also know how to get full appraised value from our buyers and avoid making price concessions. We can occupy house fast to avoid holding costs and we know how to fix up and maintain properties for less money then most people must pay.

We always formulate our purchase offers so that our buyers and sellers get a great deal. At the same time we establish a minimum profit of $20,000 or $30,000 earned or captured between the time we purchase an investment property and sell it down the road. We just won’t buy a property unless it makes sense for everyone involved.

Q:         Why don’t you go to banks or mortgage lenders?

A:         Banks and other lenders require applications, approvals and must follow guidelines imposed on the banking industry. Then there are limits to the number of loans they want to make to any one company or investor. On top of that, the time it takes for their approval process is never certain.

We can move much faster without these limitations by using private lenders. That allows us to negotiate more profitable deals while offering homeowners a quick and easy sale without new loan or deal breaking contingencies.

Q:         How will you be using my money?

A:         As a professional real estate investor we need to fund new purchases, raise money to fix up, maintain and occupy our properties… plus cover the other costs associated with buying and selling houses.

For properties we already own and manage, there are times when we want to convert some of our equity into cash -- without selling the property. This cash may be used to fund our house buying business, pay off other real estate notes that come due and handle unexpected cash needs.

Q:         What does it mean to become one of your private lenders?

A:         When we have and want to borrow money against the equity in a property we own or a property we’re buying, we give our private lenders an opportunity to make us the loan… and earn high interest rates that are double or triple the rates you can get on bank CDs.

Q:         What are the upfront costs involved in investing with you?

A:         It is our policy to pay for all the closing costs so that your entire investment goes to work for you. We will pay for the closing agent, doc prep fees, notary fees, overnight mail fees, bank wire fees and recording costs. We do not charge any fees or commissions to our private lenders.

Q:         Do you provide title insurance?

A:         You can always buy title insurance if you want. We will buy you a lender’s title policy if you get involved in funding one of our new purchases.

Q:         How do I know if there’s enough value or equity in the property to sufficiently protect my investment?

A:         It’s our policy not to borrow more than 75% of the value of a property using private lender money. That leaves at least a 25% cushion of equity. We will provide you with full details on the value, status and condition of the property whenever we present you with an opportunity to lend to us.