What does the Investor Do with the money? Q: If an investor gets a private money loan, how does he use it and is it safe? A: Like in any business professional Real estate investors have a need to finance new real estate purchases, get money to repair, maintain and lease up their properties. It also can be used to cover other costs associated with purchasing or selling homes. For properties which the investor already owns and manages, there are occasions when an investor may have the need to change equity into liquidity – cash without having to sell the property. This cash can be used to buy another house, fund operations pay off other real estate loans that come due or deal with unexpected cash needs.

Why private money? 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.

Why are the returns so high! Q: How can you afford to pay double or triple bank rates? A: Investors make their profits by providing good and needed services to all parties we work with, buyers, sellers, tenants, and private lenders. We can cut out the costs normally paid out for real estate commissions, mortgage broker fees, loan initiation fees and property management fees by cutting all these parties out from the transaction. Being Trained by experts like Richard Roop, We know how to get full appraised value from the buyers and avoid having to lower prices to sell the property. We can have the house occupied fast which avoids holding costs and we know how to fix them up and maintain properties for less then most people think it is possible to do it for. We always make our offers such that all parties get a great deal, Seller, buyer and us. And for us we structure the deal such that we secure a minimum profit of $20,000 or $30,000 between the time we buy an investment home and when we sell within a few years. Unless it makes sense for everyone involved we just won’t buy a property.

Help for sellers and buyers Q: How does the investor help sellers? A: Many sellers today are not successful finding a buyer when they want to sell. Plus they have to go through a lot of inconveniences to get their home sold. Using a more long-term approach to the investment, Free and Clear investors like Richard Roop can offer sellers an appealing price, close on the transaction whenever the sellers want and help the seller avoiding all the hassles of selling a home.

Q: How do you help the people we sell to – the buyers? A: We offer several great programs and unique opportunities for buyers. This includes a Sweat Equity Program, owner financing program (where we sell with owner financing), a down payment assistance option amongst other possibilities. Buyers in the current market are finding it increasingly difficult to qualify for bank loans. Our creative Programs help buyers get into a house they want to buy quickly, and without hassles allowing them build equity for the future faster and not throw their money away on rent payments

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.

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