We offer 50% of the *purchase price.* $100K – $5M (property value should be at least 200k and within 5million. Over $5M is case by case). Buy & Holds only. Closing, legal, appraisal, etc. fees not covered. We’re looking to passively invest. All 50 states.
We prefer commercial or MFH of +5U. Bulk/tape (including SF portfolios) of +5U. No war zones, land or development projects, RV Parks, nor notes. Can do mobile home parks; Townhouses/condos are case by case.
For more info, check out the work with us section.
When one wants to tap into the equity of their home, as the image above demonstrates, one usually has 3, main, options, that just about anyone can use:
Option 1: HEL (Home Equity Loan),
Option 2: HELOC (Home Equity Line Of Credit),
Option 3: Cash Out ReFi (Refinance).
Each of these have pros and cons. HELOCs are generally considered the “easiest,” whreas the Cash Out Refi is considered the “hardest,” where the HELs fall in between. What you need to keep in mind, for all of these is that in most, if not all, circumstances, while you will have “cash” for your investment options, you will now have two debts: your original mortgage (or new mortgage, for the ReFi), and your new loan.
Investors will loan you an amount of money—ranging from 10 – 20%–and charge you no interest or monthly payments.
To learn more, visit our No Money Investment Page.