"Investment Opportunities in RVA Homes"
Investors Can Take Advantage of Owner Financing OptionWe offer owner financing on our wholesale investment properties. Owner financing means that the property seller finances the property directly with the person buying it. There is no middle person in between. This type of purchase has many advantages because it eliminates the costs of a bank serving as a middleman. However, the owner of the property also takes a great risk. Seller Financing Vs Owner FinancingSometimes, you might hear owner financing referred to as "seller financing." In this case, the property seller is willing to take on the risk that you will not make your payments. Here at Homebuyers of America, we believe in you, and we will also take an honest look at your situation to ensure that you are ready to assume the additional financial burden of the property. We will serve as mentors and will not allow you to do something that you are not yet ready for in your current situation.
If you are ready to buy, we can move quickly to obtain a property and get it into your hands so that you can begin making any necessary repairs to get the property ready to rent or flip as quickly as possible. The ability to move quickly and take advantage of opportunities is one the key reasons to choose our owner financing program. How to Purchase an Investment Property with UsOwner financing has advantages to the seller, too. Owner financing is often more flexible, which means that you can find a qualified buyer who can come up with the down payment for financing quickly. This means faster closing when selling a home. When you take the traditional financing route, it can be frustrating, disappointing, and time consuming when a potential buyer falls through at the last minute due to not meeting qualifications for a loan. Owner financing eliminates that hassle and saves time. Homebuyers of America can quickly arrange financing for most any property of interest.
One of the downsides to owner financing is that it may require a larger down payment to compensate for the risk. Homebuyers of America requires a down payment of no less than $5,000. However, as an buyer, you can quickly begin generating cash flow and realize a return on your investment in a short period of time. In addition, your down payment reduces the amount that you owe on the total purchase price. If you are interested in being added to our list of off market properties, fill out the VIP Investor form before it fills up! |
|
A Quick Look at the Advantages and Disadvantages
Pros of Owner Financing
Vertical Divider
|
Cons of Owner Financing
ConclusionAs you can see, there are times when the route of financing through a traditional bank may be the best choice, but there are also times when they cannot help. Everything is dependent on your personal situation. This is where Homebuyers of America can help with our owner financing program. Call us at 804-336-3111 today and talk to one of our professionals about your unique circumstances or about your next big investment opportunity. We look forward to creating an individualized plan with you!
|