If you think that zero down investing is a myth, think again. This opportunity is a true zero money down, let me repeat, NO money down opportunity with positive cash flow and all hassles taken care of by the developer.
1. Zero Down - Zero Money Out of Pocket
No money out of pocket if buyer has good credit. For certain buyers, lender may require 5% down.
2. Zero Closing Costs
Developer pays for all closing costs, transfer taxes, title fees, soup to nuts.
3. Developer Leaseback - Developer Leaseback for 2 Years or 3 Years
Buyer can select a two year master lease paying above market rents computed at 8% of the purchase price for 2 years or an extended master lease paying the rents over 3 years.
The assured rents plan for 2 years will generally exceed your mortgage payments particularly if you are financing in today's decreasing interest rate environment. The assured rents plan for 3 years will be about the same as your mortgage payment.
4. HOA Paid for 2 Years
Developer pays the HOA for 2 years or 3, your choice
5. Property Taxes Paid for 2 Years
Developer pays 100% of the property taxes for 2 years or 3 years, depending on whether the buyer chooses the standard two year lease or the extended master lease.
6. Property Management Paid for 2 or 3 Years
Developer pays the Property Management fees for 2 years or 3, your choice. 100% of all utilities (electric, gas, water and sewer) paid when due for two or three full years, 100% of cable television paid when due for two or three full years
7. Home Warranty Paid for any repairs and replacements
8. Easier Financing and Easier Resale Due to Only a Select Number of Units
Because we aren't selling entire projects, the bank is able to work with a project that has a high rate of ownership and primary residence buyers, making financing that much easier to obtain and the future resale that much easier.
This is the most hassle free, zero down, zero closing costs turnkey investment opportunity out there.
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