Monday, October 11, 2010

Making your own bank

Rooftop Profit Max assists our investors with investment purchases with land contracts. Land Contracts can make you a fortune in cash flow and sales profit, quickly.

Example:
We find you a quality home in a great neighborhood and coordinate the rehab for a total investment of $35,000-$45,000. The turn around time is generally 30-90 days. The purchase is 2-4 weeks, rehab 2-3 weeks, then the sale is 30 days approx.

We help you sell the home on a land contract for $80,000. These homes are easily appraising for that amount. That's a $40,000+ profit.

The buyer will put $1500 to $2000 down and pay $800 per month. This home will Cash Flow $500+ a month net.

You can hold your contract or you can loan against it. In this example, you have $40,000 in the home that has been sold for $80,000. A private investor should jump on this opportunity. You pay them 10% interest only, on the $40,000 loan for the life of the contract. They will of course have a 1st lien position at 50% LTV (loan to value). With this scenario, you will still have $300+ cash flow, and have $0 invested in the property. You will also make $40,000 when the sale close (generally 3-5 years) WOW! This process can be repeated over and over again, because you have pulled all your money back out of the investment. Remember, you will have absolutely no maintenance costs. The new owner will have all the finacial responsibilities.

We understand this process, and can help you get this done. We have the resources and the ability to act fast on these type of deals. Just think, no more banks! Call me today if you have any other questions 602-363-6551.

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Brett young
Owner/ CEO Roof Top Investment
Real Estate Investment

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