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Can't Sell a Home? Then "Rent 2 Own" At Rent 2 Own, Inc. We can help you sell your home! As a FL Licensed Real Estate Company we specialize in Programs that not only cater to Buyers, but to Sellers as well. Under our Seller Programs the number One Goal is to provide our home owners with immediate liability relief of PITI ( Principal, Interest, Insurance and Taxes) as well as Home Owner Association dues. Through Correct Advertising strategies, we are able to generate a surpassed traffic that is needed to find a right client for any situation that might be at hand. It does not matter if your home is in pre - foreclosure, foreclosure and or short sale status, Rent 2 Own, Inc Can Help!!! At Rent 2 Own we mastered the ability to change and adapt to market conditions and "The key to our success is advertising". Almost Instantly our company is able to list your home and have it advertised all through out Central FL, specifically targeting that client required by any seller situation that might be at hand. Over The Years our Company continually strives to master marketing and advertising strategies and we only recommend what works. Direct marketing. At everyday whole sale pricing our clients experience what no one else has been able to achieve here in Central FL, that is, a combination of years and expertise in Real Estate, Management, Marketing and Finance that is second to none. Our Company constantly retains a staff of Real Estate Attorneys that specialize in preparation of various forms of Private Financing, Such As :
Ask us about the above mentioned avenues of financing See our Services for More Detail "Don't Just Rent Your home" and here is why In the event the property gets destroyed by the tenant chances are, you are still going to be liable, and are going to encounter "Vacancy Costs" between tenants, the following costs such as:
What does this all mean??? It Means that majority of Sellers and or property Owners do not follow Landlord Tenant Law Chapter.83 and its Escrow deposit rules and regulations. Almost 95% of the time, all real estate property is being leased illegally with no property licensure, building and or county code tax collectors certificate, and no quarterly reports as well as tax is being paid and or filled ever. Please see Property Management Page for More Info At Rent 2 Own, Inc we can show you how to escape all of the above and at the same time put a substantial amount in your pocket that you don't have to return ever!!! Ask us about our option fees To help us identify your situation and or scenario and or List Real Property with Rent 2 Own, Inc and or El Shaddai Realty the following Documents are preferred and or required:
To list Residential Real property with Rent 2 Own, Inc, an up front retainer fee of 595.00 - 2995.00 is required. This fee is determined by the length, complexity and or duration of the listing at hand, further the fee would cover all the below listed services as well as any advertising that is involved with the listing. MLS (Multiple Listing Service) featuring Specific terms of finance:
MLS (Multiple Listing Service) Rental / Leasing section
Rent 2 Own Website
Rent 2 Own, Inc charges 6 - 7 % Commission that in some events might be negotiated to lower amounts depending on the complexity as well as number of agents involved . The Pay Out Structure as follows: 50% of Any Option Fees and or deposits are retained as the part of the Real Estate Commission (Not To Exceed Total Real Estate commission balance) whitch is due at Signing of Contract. The remainder of Real Estate Commissions gets paid out at the day of closing when the Tenant / Buyer exercise their purchase and or refinance option. Seller
Program Scenario House 1975 2 Bed / 2 Bath 1 car garage 980 sq ft bought for $100,000.00 US Dollars Down Payment of 10% and mortgage Principal balance of $90,000.00 at 30 year amortization with a rate of 7.5 % yielding a monthly payment of $629.30 not Including Taxes, Insurance and HOA (Home Owners Association) Buyer / Client 5% down = 5,500.00 and $875.00 a month not including Taxes, Insurance and HOA (Home Owners Association) with a locked price of $110,000.00 US Dollars less 5% = 5,500.00 and 104,500.00 due at closing. Return 24 months later $88,276.37 is owed on the property and the property’s new appraised value @ 10% appreciation is 111,000.00 with buyer paid total rent of 21,000.00 and the seller pay out of total PI (Principal and Interest) is $15,103.20 resulting in $5,896.80 of positive cash flow. Total return = $16,223.63 plus 5,896.80 in positive cash flow = $22,120.43 not including RENT 2 OWN, INC COMMISSIONS AND DUES. OUTLINE As Mortgage broker finance company we do realize that this is an almost 22 % return on bank / lender borrowed money, RENT 2 OWN, INC does realize that this estimate is not including closing costs to obtain this type of financing on the above mentioned Real Estate Transaction. However, we do hope and assume that a seller contribution was made. Rent 2 Own’s goal is to unite seller investors and their representing parties with borrower / buyers and their representing parties providing a successful marketing communication network where all parties are able to gain and maximize their return, as well as successfully promote and close their transactions. Flexible
RENT 2 OWN
This type of program enables Rent 2 Own, Inc. to bring forward a potential client / buyer to an investor with the (client / buyer) requesting to out right purchase a particular home that is not within Rent 2 Town’s network. This type of scenario would yield any investor being able to achieve a secure like, lease back situation generating cash money up front, positive cash flow for the duration of term as well as certain equity proceeds in the end of the term, and or tax benefits on the below given transaction / scenario. SCENARIO1975 2 Bed / 2 Bath 1 car garage 980 sq ft bought for $100,000.00 US Dollars Down Payment of 10% = 10,000.00 plus 5% = 5,000.00 for closing costs with mortgage Principal balance of $90,000.00 at 30 year amortization with a rate of 7.5 % yielding a monthly payment of $629.30 not Including Taxes, Insurance and HOA (Home Owners Association) Buyer / Client 10% down = 10,000.00 @ $750.00 to 875.00 a month depending on the negotiated term of length not including Taxes, Insurance and HOA (Home Owners Association) with a locked price of $110,000.00 US Dollars less 10% down payment = 10,000.00 and 100,000.00 due at closing. Return Please
note that the returns are maximized in various ways depending on investor financing
obtained as well as subject to future seller and buyer negotiations This
particular scenario is set to show a 30-year amortization schedule. It is by far more
attractive to obtain a 40-year amortization schedule on the borrowed funds and escape an
interest only product (unless both products are allowed by the lender) and by same token
still increasing your monthly positive cash flow as well as still pay down towards the
principal balance, just not as at accelerated rate as shown below. Equity and
return proceeds schedule 12
month later $89,170.39 is owed on the property = $829.61 24 month later $88,276.37 is owed on the property = $1,723.63 36 month later $87,312.95 is owed on the property = $2,687.05 48 month later $86,274.73 is owed on the property = $3,725.27 60
month later $85,155.91 is owed on the property = $4,844.09 72
month later $83,950.24 is owed on the property = $6,049.76 84
month later $82,650.97 is owed on the property = $7,349.03 96 month later $81,250.83 is owed on the property = $8,749.17
Positive cash flow proceeds @
750 a month Positive
Cash Flow Generated Return Schedule 12
month later $1,448.40 24
month later $2,896.80 36
month later $4,345.20 48
month later $5,793.60 60
month later $7,242.00 72
month later $8,690.40 84
month later $10,138.80 96
month later $11,587.20 Paid to
lender @ 629.30 per month 12
month later $7,551.60 24
month later $15,103.20 36
month later $22,654.80 48
month later $30,206.40 60
month later $37,758.00 72
month later $45,309.60 84
month later $52,861.20 96
month later $60,412.80 Collected
from Buyer @ 750.00 per month 12
month later $9,000.00 24
month later $18,000.00 36
month later $27,000.00 48
month later $36,000.00 60
month later $45,000.00 72
month later $54,000.00 84
month later $63,000.00 96
month later $72,000.00 The returns are depending on the number of months the private financing was held for. The equity proceeds from the initial sales price locked and the lender principal balanced owed would belong to the seller financing held party With buyer paid total mortgage payment not including Principal, Insurance and Taxes @ a rate of $750.00 per month does generate a certain percentage formula that applies to positive cash flow that can be changed either way depending on investor and lender negotiations as to what type of amortization schedule can be chosen. This scenario and schedule is so broad that it is impossible to discuss every lender and or bank program that is out there on the market. However what is evident that after an initial 10% return on the property’s purchase price a good conservative and attractive like situation does exist for both parties should they decide to enter into a transaction on a flex RENT 2 OWN program. This scenario does not include RENT 2 OWN, INC rebates, COMMISSIONS AND or DUES Please note that it is almost impossible to list all of the available information pertaining to Real Estate, Management and or Finance. So please do not hesitate to contact and or consult us at any time @ Alex@rent2own.net |
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