Owners

FAQ

  • Are you accepting any new landlords and rentals to manage?

    Although we are professional property managers, we currently only manage what we own.  We do not provide third party management.


    We accept requests to purchase single family or small multi-family properties from owners that can be qualified for addition to our portfolio of rental homes.    


    Our preferred method for acquisition is through owner financing and all cash offers backed by private money loans.  Please contact us to check if we have the availability to purchase your property.


  • Can you help owners looking to transition from property management?

    Yes.  We can help owners seeking to transition from property management and unlock their freedom.   In many cases, owner financing could be the solution. Here's why:


    Simplify Your Life: Say goodbye to property management tasks and resident issues. With owner financing, the responsibility shifts to the buyer.


    Steady Income Stream: Enjoy consistent monthly payments from the buyer, offering you a reliable source of income with minimal effort.


    Quick and Easy Exit: Owner financing often leads to a faster closing, providing a quicker and more straightforward exit strategy compared to traditional sales.


    Tax Advantages: Explore potential tax benefits by spreading capital gains over time, helping with tax planning.


    Attract a Wider Audience: Attract a broader range of buyers, including those with credit or financial constraints, by offering owner financing.


    Earn Interest Income: Maximize your return on investment by earning interest on the loan you provide.


    Diversify Your Investments: Use owner financing to diversify your portfolio or pursue new opportunities while still benefiting from your property's income.


    Preserve Capital: Spread the sale proceeds over time, preserving your capital and maintaining financial stability.


    Control the Terms: Customize the financing terms, including interest rates and repayment schedules, to suit your financial goals.


    Experience the freedom of owner financing. 


    Contact us today to explore this option and simplify your real estate journey.


  • What is owner financing?

    Owner financing is a real estate transaction arrangement where the seller of a property acts as the lender, allowing the buyer to make payments directly to them instead of obtaining a traditional mortgage from a bank or financial institution

  • How can owner financing benefit the seller?

    Faster Sale: Since the buyer doesn't have to go through the lengthy process of securing a traditional mortgage, the sale can often be completed more quickly. This can help sellers who need to sell their property fast.


    Steady Income: Sellers receive regular payments that can provide a steady income stream. This income can be especially beneficial for sellers who are looking for consistent cash flow, such as retirees. What is your number? How much money do you need every month?


    Competitive Financing Terms: Sellers have the flexibility to negotiate the financing terms with the buyer. They can set the interest rate, down payment, and repayment schedule, potentially making the terms more attractive than what a bank might offer.


    Potential for Higher Sale Price: In some cases, sellers may be able to sell their property at a higher price when offering owner financing. Buyers may be willing to pay a premium for the convenience and flexibility of this financing option.


    Reduced Closing Costs: Since there are no traditional lenders involved, some closing costs associated with bank loans may be eliminated or reduced, saving the seller money in the transaction.


    Security Interest: The seller retains a security interest in the property until the buyer pays off the loan in full. If the buyer defaults, the seller may have the option to reclaim the property, helping to protect their investment.


    Tax Advantages:  If the property has appreciated in value, owner financing allows the seller to spread out the capital gains over the term of the financing, potentially reducing the tax impact in any given year.


    If the property was used as a rental or for business purposes, the seller may be able to recapture depreciation deductions taken in previous years, which could reduce the amount of gain subject to capital gains tax.


    With owner financing, the seller can report the sale as an installment sale, spreading the gain over the term of the financing. This can help manage the tax burden by deferring some of the gain into future tax years.


    Seller financing can help avoid triggering the alternative minimum tax (AMT), which can be a concern with large, one-time capital gains.


    It's important to note that these benefits depend on the seller's specific tax situation and the terms of the owner financing agreement. Consulting with a tax advisor or accountant is recommended to fully understand the tax implications of owner financing in a particular situation.


  • What are the risks of owner financing?

    It is important to note that owner financing also carries some risks for sellers, such as the potential for buyer default. Sellers should carefully screen potential buyers and consult with legal and financial professionals to ensure they structure the financing agreement in a way that minimizes risks and maximizes benefits.


  • Can you help owners that want to sell their property outright?

    Yes.  An all-cash offer backed by private money loans could be a solution. Here's why:


    Swift Transactions: Private money loans mean quicker closings, ideal for sellers looking for a prompt sale.


    Funds Assurance: Private money loans are pre-approved, assuring sellers of the buyer's financial readiness.


    Simplified Process: Avoid complex bank processes, reducing paperwork and delays for a smoother transaction.


    Fewer Contingencies: Cash deals often entail fewer contingencies, minimizing potential obstacles.


    Appraisal Peace: Bypass appraisal-related issues that can arise with traditional financing.


    Reduced Default Risk: Secure transactions with loans backed by property, reducing the risk of buyer default.


    Flexible Closing: Enjoy flexibility in choosing a closing date that suits your needs.


    Consider all-cash offers backed by private money loans for a secure, hassle-free real estate transaction. 


    Consult our experts for guidance today.

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