1-888-35-INVEST
1-888-354-6837Minimize Cash Invested
In a real estate investment transaction involving property needing renovation, an investor would typically incur the following out-of-pocket expenses:
- A down payment of 10-20%
- Closing costs with insurance, typically 4-5%
- Renovation costs, typically 10-15%
With these costs, the typical investor spends $20,000-35,000 in out-of-pocket expenses on a $100,000 home. Many investors do not have this much money available in liquid assets, or they do not want to put this much money into one real estate investment.
The Investor Nation™ strategy minimizes out-of-pocket expenses by as much as 85%. It involves a one-step loan approval process and a 2-step closing process.
To begin your financing process, Investor Nation™ connects you with a permanent financing partner, who pre-approves you for credit. This pre-approval qualifies you for loans from two different lenders: a temporary lender and a permanent lender.
- The temporary lender offers a short-term construction loan, which includes purchase money and most renovation and closing costs. After the purchase of the home, a closing attorney escrows the construction costs and disburses the funds to the contract.
- When the renovations are complete, the permanent lender starts the lending process by ordering an appraisal. Financing from the permanent lender pays off the construction loan. The property remains on a 30-year fixed rate for optimal cash flow.
Through the Investor Nation™ strategy, our investors invest only $5,000-7,500 in a $100,000 property. After the renovations and refinance are complete, they have a minimum 25% equity position on the home and positive cash flow.
** Note: This financing is not available in every market
Portland, OR
