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Here is how:
- Invest your own funds or Borrow from a personal unsecured loan for the initial down payment
- Use the down payment to purchase a condo offering cash back incentives
- Any project we offer includes full no hassles condo property managment
- On a select number of properties, developers are offering up to $50,000 in credits for upgrades, property management credits and leaseback credits
- This upfront cash represents an immediate return on investment
- Our financing positions buyers for breakeven or positive cash flow so you aren't draining your cash incentives on a monthly basis
- Your equity investment or borrowed funds for down payment come back to you upon sale of the condo
- Repeat
- 3 Months is a reasonable amount of time for us to get through two purchases, leaving you with plus six figures, no hassle property ownership and participation in future appreciation
Common objections
The property prices are inflated
- We encourage each of our buyers to get independent appraisals done on the property. If the appraisor tells you prices are inflated, then you walk away from the deal, no questions asked
- Secondly, banks would not finance these properties if the appraisals were over-inflated
So How Can the Developer Afford to Sell At Such A Discount?
- Our best opportunities are close out specials, developers have about 10-20 units left and just want the units sold so they can move on to new projects.
- Developers bought these properties three, four, five years ago and have significant equity in place. Due to market appreciation, they can afford to sell at a discount to market and still make a decent profit on the overall project
- In other cases, developers need to sell because they are getting slammed by monthly carrying costs
What If the Real Estate Prices Have Further to Fall?
- But isn't it equally likely that real estate prices could rise in the next 3 years, maybe not 20% but a more reasonable 5-10%? Would most buyers then look back at this period of time and kick themselves for not taking advantage of an incredible buying opportunity?
- It has been almost two years since the market has been in a slowdown. Prices and sales started to slow in August 2005 and we are now coming close to two years. Prices have held firm in each of the markets we offer property, Orlando, Tampa, Las Vegas, Phoenix etc.
- One reason that prices have held firm is because the rental market is strong in each of these areas. Sons and daughters of boomers, the echo boomers, are entering the work force and need places to live. Immigrants need places to live. Singles and divorcees also need places to live. And most people are forced to live close to where their jobs are.
- The question to ask is will prices be higher in 2 years than they are today? What about 5 years?
- If you believe the market is going to stay in the doldrums for the next 5 years, then our advice to you is to not invest in real estate.
- However, if you believe that the market will stabilize over the next 6-18 months with modest price increases in 2-3 years time, and prices in 5 years, ie, 2012, will be higher than they are today, then wouldn't today be a great time to take advantage of some of the most lucrative incentives we have seen offered in over 15 years?
Interested? If you'd like to discuss our program further, give us a call at 1-800-859-9815 or sign up
Florida Condo Investment Cash Back Incentives
Orlando Florida – 5 years of property management, 5 years assured rental income, upfront cash incentive equal to two years of mortgage payments, and two years of taxes and HOA fees paid by developer
Tampa Florida Condo Investment with cash incentives - 5 years of property management, 5 years assured rental income, upfront cash incentive equal to two years of mortgage payments, and two years of taxes and HOA fees paid by developer
Orlando Florida – $50,000 cash back incentives to buyers in gorgeous lake front community in the form of property management and upgrade incentives. Contact us for details at 1-561-306-7908
Las Vegas Condo Investment Cash Back Incentives
Las Vegas – Full property management, upfront property management and designer package credits of $15,000 - $25,000. Contact us for details at 1-561-306-7908
Phoenix Condo Investment Cash Back Incentives
Phoenix – Full property management, upfront property management and designer package credits of $15,000 - $25,000. Contact us for details at 1-561-306-7908
WHAT IF:
You Were Presented Projects With Full Property Management in place
You Were ASSURED of Rental Payments for the NEXT 5 YEARS, regardless of whether it was rented
You Received Upfront Cash of $30,000 - $50,000?
AND You Could Confidently Forecast The Property as Cash Flow Positive for the Next 5 Years?
Contact Us for A Free NO Obligation Consultation to see if real estate investing may be appropriate for you.
Or Call us Anytime 1-800-859-9815.
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