We offer real estate solutions to families with real estate problems. We help people who don’t qualify for a traditional mortgage today because of a bankruptcy, divorce, foreclosure, bad credit or maybe they are self employed or just don’t have the down payment the bank requires.
Wednesday 26 October 2011
ioffersolutions Real Estate Services: Invest Your Money In Real Estate
ioffersolutions Real Estate Services: Invest Your Money In Real Estate: Ioffersolutions Real Estate Service Inc . “An Ideal Investment Alternative that just makes better Dollars and Sense!” The super rich...
What is Exactly is Rent to Own?
What is Exactly is Rent to Own?
Rent to own provides people with the opportunity to enjoy their homes as a homeowner would, even though they may not currently qualify for conventional financing or have a large down payment to put towards a home purchase. When you rent to own a home, you do not have to qualify for a mortgage but you are able to enjoy many of the benefits of home ownership.
Renting to own combines some aspects of renting a home and some of purchasing one. For example, it is similar to purchasing a home because a down payment is required, and it is similar to renting a home because there is a rent schedule. One important thing to keep in mind is that – unlike a typical rental situation – a portion of your monthly payment goes towards the down payment that will be required when you obtain a mortgage to complete the future purchase of your home.
Monday 29 August 2011
Invest Your Money In Real Estate
“An Ideal Investment Alternative that
just makes better Dollars and Sense!”
just makes better Dollars and Sense!”
The super rich don’t just settle for measly returns on the money market – should you?
If you have been looking for a secure, solid investment that provides huge returns passively, then you just stumbled upon the most profitable investment opportunity of the year.
You must be seeking that “picture perfect” investment that
- Is secure
- Gives a solid return on investment passively
- Has a low risk
What common investment choices do you have?
Most investment advisors recommend spreading your investment to maximize returns and lower any risks.
You can invest in stocks and mutual funds that offer a high return, but they have high risk.
You can try investments like bonds and CD’s which have lower returns but much lower risk. In today’s market, you could end up losing money by investing on CDs after inflation!
Or you could gamble in the stock market – but you never know which direction the stock prices will be heading next – it seems every other day there is always another reason for prices to plunge even further – accounting scandals, oil price fears, or even plain old greed.
What a choice of some decent investments!
But there is a better way to invest – Real Estate Secured Investments
If you are looking for a hands-off investment, with rates of return higher than those normally found in fixed rate investments, and want less volatility than stock investments, our Investment Partner Program is for you!
We offer several investment programs secured by real estate, all of which have higher returns than many other fixed rate investments, and less risk than stocks. These investments are an excellent way to further diversify your portfolio to increase your overall return and further reduce risk.
We offer several investment programs secured by real estate, all of which have higher returns than many other fixed rate investments, and less risk than stocks. These investments are an excellent way to further diversify your portfolio to increase your overall return and further reduce risk.
If things go well, you get your money back, plus a very attractive interest rate.
If for some unlikely reason the things don’t go well and the borrower cannot pay as promised, your investment is more than covered by the value of that property.
Secured Loans Are No Longer Just For Banks
Banks don’t usually take risks, do they?
That’s because when they invest in real estate, their investment is secure – they charge a healthy interest rate, with the house as collateral. If you don’t pay, they take the house!
Not a bad deal, but this gets better!
- Unlike the banks, we do not invest on a piece of property unless there is a healthy chunk of equity in it. We rarely go beyond 80% of the value of the property to acquire it.
- You will get a better interest rate than the banks can charge, and a substantial collateral securing your loan.
Why doesn’t Wall Street talk about this opportunity?
Simple:
They don’t get their fat commissions from these types of investments – so they don’t want people to know they exist. They would rather draw your focus on investments that will make them money, not the ones that make YOU the most money.
How do we work?
In many cases, owners of distressed properties need to sell fast. For example, they may be going through foreclosure, divorce, bankruptcy, inherited property they cannot manage, and so on.
As a result, they may not be willing or able to hire a real estate agent to sell their house but need to dispose the property quickly.
We offer a variety of solutions to these sellers which may include an all cash offer that allows us to fix up the property and sell it at a profit. As an investor in such a venture, you will earn a sizeable return on your investment in the short term.
We may also provide cash to reinstate or cure defaults on loans and liens or allow a seller to move out. In exchange, the seller will retain the existing financing on the property, and share a certain amount of equity in the property.
We will then locate a buyer, such as on a “lease to own” program, who will bring an up-front cash contribution, and begin to make monthly payments.
This buyer is responsible for payments, upkeep and maintenance of the property while receiving the tax and other ownership benefits.
At the end of the agreement term, buyer will refinance the property at market value.
You as a cash investor will then receive a portion of the equity as a return for your investment.
Why do we ask you to invest your money?
To be honest, we find more good real estate opportunities than even we can invest in. That’s why we use a large network of individual investors, banks, mortgage companies and hard money lenders to participate along with us. The more investors we can attract, the more money we can all make!
Steps in Locating And Securing an Investment
- We locate distressed property
- We conduct a thorough analysis, including a lien and title search, property inspections, and verification of all financial information
- We process qualifying property to determine potential return for us and our investors
- We present our proposal to our investors along with a Return Worksheet
- Once investor agrees to fund the transaction, all legal documentation is prepared
- Investor wires funds directly to closing title company / attorney
- Liens on the property are cleared, loans reinstated, and the transaction is closed
- We service the transaction. Investor collects monthly cash flow if transaction is a longer-term investment.
- At the end of the agreement period (few weeks in short-term investments such as “buy, fix and sell” to few years in longer-term investments), a lump-sum payment of returns is made to the investor, as per the Return Worksheet
When your property enters Our Rent To Own Program
When your property enters Our Rent To Own Program
When your property enters our Rent to Own Program:
- Ioffersolutions Real Estate Services Inc. will lease your property with the option to purchase the property at any time prior to or on the lease expiry date.
- Ioffersolutions Real Estate Services Inc. will GUARANTEE a rent payment for the length of the term, to be paid on the 15th of every month,.
- Ioffersolutions Real Estate Services Inc.’s Rent-To-Own program allows our Tenant Buyers to rent your property with the Option of purchasing it at the end of a specified term, for a pre-determined sale price. It is our goal to help them become home owners.
- Ioffersolutions Real Estate Services Inc. goes through extensive measures to place only quality tenants in your property. We review our client’s credit bureau and employment history. We also request personal references as well as a criminal record check. It has been our experience that our clients, who are in fact “future potential new home owners”, will typically treat your property better than a regular tenant. They understand that the property will be theirs to purchase at the end of the lease’s term.
- Ioffersolutions Real Estate Services Inc. makes it mandatory for the Tenant Buyers to work with our associated mortgage brokers and financial planners during the term of the lease to ensure they are on the right track to future home ownership.
- Ioffersolutions Real Estate Services Inc. will handle all management responsibilities as well as all property repairs up to $500 per instance to a maximum of $2500 per year.
- Ioffersolutions Real Estate Services Inc. will also:
- Provide interior insurance
- Cover rental income losses as a result of tenant vacancy(s)
- Close quickly on a pre-agreed price
- Assume all closing costs at the end
- Complete full home inspection and provide you a copy (optional, depending on the property age and condition)
- In completing a Rent-To-Own opportunity with Ioffersolutions Real Estate Services Inc. You can now feel at ease knowing that you will be relieved of all selling stresses and costs.
- Your responsibilities will be to pay your mortgage, property taxes, insurance, any condo fees or association fees.
- Finally and perhaps most importantly, you can now rest assured that your rental income is guaranteed, month after month, without having to be concerned with any of your regular landlord responsibilities.
Mentorship
THE 8 WEEK ‘TAKE ACTION’ QUICK START MENTORSHIP PROGRAM
Designed to educate and get you TAKING ACTION in the 4 Exit Strategies
- Buy/Rent/Hold – How to analyze the deal to weather any real estate storm; correct use of leverage; making offers; contracts
- Buy/Fix/Sell – How to analyze the deal correctly; how to finance the deals;
- Wholesale – How to located, analyze and sell deals.
- Lease Option – How to structure the Rent to Own, how to locate properties, how to locate tenant buyers
—Each week there will be home work which will be real deals or opportunities.
Example:
- We will be calling home owners to see if they will rent to own their property.
- Phone and Qualify Tenant buyers
- Negotiating on properties to get them under contract for wholesale
- Trying to help people who are going into foreclosure
- Finding good properties to hold, negotiate on the property and try to get under contract
- Finding Fixer Upper properties to negotiate on and try to get under contract
- Power of Networking –
- Creating and meeting power team members
Each Week I will have leads for us to work on in class, however each one of you will be generating and finding your own opportunities!
- May or may not run 8 consecutive weeks
- Attend 1 night per week
- Only 8 spaces available for each time slot.
- Unlimited access outside Class time
- Use of a Shared Office in our office
Class Time: 20 hours
Home work time: 5-10 hours per week
Financial Investment: $2997 + GST per person
Email us at info@ioffersolutions.com or Call us now at 1-866-409-0902
Home work time: 5-10 hours per week
Financial Investment: $2997 + GST per person
Email us at info@ioffersolutions.com or Call us now at 1-866-409-0902
Common Questions For Real Estate Cash Investors
Common Questions For Real Estate Cash Investors
Q: Do I Need a Lot of Money to Invest?
No!
You can lend as little as or as much as you want. The amount of the loan and time period will factor into your return on investment.
Sometimes, you may want to start out small with short-term loans until you get comfortable with these investments.
In most cases, more opportunities and more favorable terms will be available to those with larger amounts to loan.
No!
You can lend as little as or as much as you want. The amount of the loan and time period will factor into your return on investment.
Sometimes, you may want to start out small with short-term loans until you get comfortable with these investments.
In most cases, more opportunities and more favorable terms will be available to those with larger amounts to loan.
Q: Can I Send You A Check Today?
No!
You only send money to close the deal when we have a deal that fits your budget.
In any case, most of the times, you will wire the money directly to the title company or real estate attorney.
No!
You only send money to close the deal when we have a deal that fits your budget.
In any case, most of the times, you will wire the money directly to the title company or real estate attorney.
Q: Who Handles All The Paperwork?
Unless you are a highly skilled investor in real estate matters, we will handle all paperwork and details of each transaction and pay any expenses.
This is done by a real estate attorney or title company.
You begin to earn interest on the full amount of your funds as soon as they are received. Our goal is to ensure this entire process is hassle-free for you.
Unless you are a highly skilled investor in real estate matters, we will handle all paperwork and details of each transaction and pay any expenses.
This is done by a real estate attorney or title company.
You begin to earn interest on the full amount of your funds as soon as they are received. Our goal is to ensure this entire process is hassle-free for you.
Q: Isn’t This Too Risky?
Knives are risky, aren’t they? But only when you do not use them properly.
We do not make speculative investments; instead, we focus on making standard, bank-like loans on properties with equity.
The property is the security for the loan.
Make no mistake – investing has risks, but the trick is in how you choose your investments and their safety net (collateral).
This is our expertise.
For example, your investment will most likely adhere to these rules:
Knives are risky, aren’t they? But only when you do not use them properly.
We do not make speculative investments; instead, we focus on making standard, bank-like loans on properties with equity.
The property is the security for the loan.
Make no mistake – investing has risks, but the trick is in how you choose your investments and their safety net (collateral).
This is our expertise.
For example, your investment will most likely adhere to these rules:
- It will not surpass the 80% Loan To Value
- You will get a mortgagee title insurance policy
- You will get an insurance policy on the property
- The loan will be closed by professionals
Q: What Kind of Documents Will I Receive?
Typically you will get:
Typically you will get:
- An original promissory note specifying the terms agreed upon
- A copy of the mortgage. The original will be recorded and then mailed to you
- A fire insurance endorsement naming you as mortgagee
- A title insurance policy for the amount of your loan insuring you against any title defects
Q: How Do You Determine My Interest?
The interest rate depends on many factors, including but not limited to, the risk involved, the amount of funds loaned, the time period, ability to fund quickly, etc.
Q: How Do I Receive Payments?
You will receive your payments as we agree – monthly, or as a lump-sum (your loan amount plus interest).
You will receive your payments as we agree – monthly, or as a lump-sum (your loan amount plus interest).
Q: How Long Will I Be Investing My Money?
The term of the investment will depend on the deal.
It can be as short as six months, or several years.
It’s your money and it’s your choice. Short-term loans are typically interest only with full principal repayment at the time the loan is paid off.
Long-term loans may have amortizing payments (part principal and interest in each payment) and may have balloon payments, depending on your requirements and the investment.
The term of the investment will depend on the deal.
It can be as short as six months, or several years.
It’s your money and it’s your choice. Short-term loans are typically interest only with full principal repayment at the time the loan is paid off.
Long-term loans may have amortizing payments (part principal and interest in each payment) and may have balloon payments, depending on your requirements and the investment.
Q: What If I Need My Money Now?
You should only invest an amount of money that you can comfortably leave in the investment for the term of the loan.
For example, your loan may be used to buy and fix a property, then sell it. Until it’s sold, your money will not be available, except interest payments.
Unlike in the money market, you cannot withdraw your investment at a moment’s notice.
Of course, you get a much higher return than you can get in the money market.
On the other hand, Promissory Notes secured by mortgages are purchased every day like stocks. We can assist you to sell the note if necessary.
You should only invest an amount of money that you can comfortably leave in the investment for the term of the loan.
For example, your loan may be used to buy and fix a property, then sell it. Until it’s sold, your money will not be available, except interest payments.
Unlike in the money market, you cannot withdraw your investment at a moment’s notice.
Of course, you get a much higher return than you can get in the money market.
On the other hand, Promissory Notes secured by mortgages are purchased every day like stocks. We can assist you to sell the note if necessary.
Q: How Many Properties Do I Invest In?
Each investment will be treated separately as it comes.
Your limit is your choice. If you decide you like this form of investing, there’s nothing to stop you from making multiple investments.
Each investment will be treated separately as it comes.
Your limit is your choice. If you decide you like this form of investing, there’s nothing to stop you from making multiple investments.
Q: How Do I Setup My Retirement Accounts to Make Loans?
In order to use a retirement account for making loans, it must be administered by a “Third Party
Administrator” (TPA) that allows real estate investments through a self-directed IRA.
Very few retirement account administrators, including those who do have self-directed plans, will allow you to make real estate investments.
In order to use a retirement account for making loans, it must be administered by a “Third Party
Administrator” (TPA) that allows real estate investments through a self-directed IRA.
Very few retirement account administrators, including those who do have self-directed plans, will allow you to make real estate investments.
If you would like to get setup, please contact our office and we will provide you the names and numbers of TPA’s that specialize in this field.
Once your account is established, all you do is sign papers to direct your TPA to make the investment for you.
Typically, there should not be any additional costs to you beyond your regular plan administration costs. Some TPA’s will even collect the monthly payments for you and deposit them into your account. How’s that for hassle-free?
Q: How Do I Get Started?
Just fill the form below and we will promptly get in touch with you.
Just fill the form below and we will promptly get in touch with you.
Return On Investment For Private Mortgage Investors
Your Goal Is Good Returns
How Much Is The Risk?
How Much Is The Risk?
First off, we have to be clear on one thing – no investment is risk free. You will not even find them in a government investment.
Treasury bonds and other government investments are one of the safest investments, but still come with a degree of risk. They provide a rate of return that does not even keep up with inflation. Of course, there are no “no-risk” guarantees in real estate either. Your goal should be a solid return for a low risk.
What happens if the investor does not stay current on interest payments?
You have a collateral (property) that is well more than the value of your loan. In worst case scenario where the property has to be foreclosed, it will pay off your loan and pay you a substantial amount of equity in addition.
How do I know I can trust you?
You don’t; nobody does in any investment.
The good thing is everything is completely transparent in this program. You will have full facts about
- The market value of the property
- Estimated repairs, if any
- Proposed use of loan proceeds
- Interest payments to you
- How the profit / equity will be divided
In other words, you get so well educated on the deal that you are unlikely to have just “a leap of faith”.
Compare this to investing in a mutual fund; you only have a vague idea where your money will be invested.
Compare this to investing in a mutual fund; you only have a vague idea where your money will be invested.
Is this investment for me?
Consider the following points carefully.
- There are no “Instant Riches”
While we are always working for a generous return with a low risk, we do not promise instant riches
- Risk is not an option
Your investment is covered with a collateral that is higher than your investment.
Should you be forced to take the property to cover your investment, you now may potentially receive much more than your investment back.
But as with any investment, that is not to say it has zero risk.
The bad news is you may have to wait through a market cycle before you receive it back.
If risk is not an option for you, then any type of investment may not be for you, including real estate.
- You are in a cash crunch
If you need your money pretty soon to put your kid in college next fall, don’t invest it. You may not get it back in time.
The longer you can have your money invested and working for you, typically the higher returns you can generate.
- You are a first timer
It’s typical to be more nervous if you have never invested before. You must weigh the risk and possible returns before investing.
If you are nervous, and prefer daily updates like stocks in the daily news, private investing is not for you.
- You already invest
If you already investment in other types of investments, then private lending in real estate is definitely worth looking into.
As you create more diversity rather that having all your eggs in one basket, you will find you get a better return on your investment in real estate, with more peace of mind.
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