Our flexible options mean you might need less than you think. We’ll work with you to determine a manageable down payment. These range from $1500 – $4000. You can borrow the down payment from family or friends.

The down payment on most properties is around $3,000, which is a nonrefundable deposit that is applied to the purchase price, secures the property for the buyer, and is due at the time of signing the agreement. 

By keeping the down payment low, we help buyers overcome one of the biggest hurdles to homeownership and start building equity in their new home with a more manageable financial commitment.

If you don’t qualify initially, we’ll guide you on steps to improve your eligibility. Our team is committed to helping you achieve homeownership.

We assist in purchasing single-family residential homes, all tailored to your needs and budget. These range from 2 bedroom/1 bath homes to 4 bedroom/2 bath homes. What’s most important to us is helping you get into a home you can afford.

No, our initial application process does not involve a hard credit check, so your credit score remains unaffected.

We will not ask you to undergo any background checks if we don’t think you qualify. Our checks include a standard background, criminal, eviction, and income check. Don’t worry, your credit check will not affect your ability to obtain an owner financed home.

If there is a home available that fits your criteria and income ability, it could take less than a week. If our sellers do not have a home currently available, it could take 30-45 days or more.

We have sellers who will owner finance a home for you. There are no banks involved and no lengthy process to endure. You are buying direct from a seller.

A land contract, also known as a contract for deed, is a type of real estate transaction where the buyer agrees to purchase a property from the seller through a series of installment payments. 

Unlike a traditional mortgage, where the buyer obtains a loan from a bank to finance the purchase of the property, in a land contract, the seller serves as the lender and the buyer makes monthly payments directly to the seller. The seller retains legal ownership of the property until the buyer has paid the full purchase price.

Once the final payment is made, the seller transfers the deed to the buyer, who then becomes the new owner of the property.

We take care of paying the county for property taxes and this charge is included as part of the monthly payment. 

Additionally, hazard insurance is purchased by us and reimbursed by the buyer through their monthly recurring payment. It’s important to note that the insurance purchased by us only protects the house itself from damage, but buyers must insure their personal belongings through a renters policy.

The contract for deed program offers clear title properties with no liens to ensure buyers have a worry-free purchase. Although the properties may require TLC, buyers have the freedom to upgrade their home to their own taste and on their own schedule. 

Prior to agreeing to purchase, buyers are responsible for inspecting the property and doing their own due diligence for any needed upgrades. The best part is that there are no additional costs beyond the down payment, as we absorb all closing costs for you!

The short answer is, both! Our contract for deed program offers a unique opportunity for both traditional homeowners and investors to purchase and have immediate access to properties with a much smaller down payment and without the need for a credit check or background screening.

For traditional homeowners, this program allows them to have full access to their property and the ability to renovate, decorate, and start building equity, with a lower barrier of entry and less stringent underwriting requirements than those of a traditional lender. Instead of paying rent, they can make monthly payments towards ownership of their property, providing a path to building long-term wealth and stability.

For investors, the contract for deed program offers an opportunity to quickly renovate and cash flow their properties with a low down payment and significantly fewer fees and interest points than hard money loans. The monthly payment often allows for a margin from the market rental rate, providing an opportunity to generate monthly cash flow from the investment. Additionally, investors can acquire multiple properties and scale their real estate investment portfolio seamlessly.

You might be a good fit for this program if:

1. You would prefer to put a smaller down payment towards the property instead of the typical 20% down required by an institutional mortgage lender

2. Your credit score or debt-to-income ratio aren’t quite there yet

3. You’re self-employed or just got a new job

4. You would rather put your rental payments towards building equity

5. You want to scale your rental portfolio without tying up too much capital in one deal

Much like a traditional home sale, all preventative maintenance, repairs, capital expenditures, and updates are the responsibility of the buyer. 

As a buyer, your principal and interest monthly payment will never change throughout the life of the loan. It is a fully amortized principal balance with a set interest rate and term. Taxes and insurance are the only variable costs associated with our home buying process.

Buyers enjoy our ACH autopay system because it ensures a convenient and hassle-free payment process. We take care of all the setup prior to move-in and payments are automatically deducted from the buyer’s account each month. This eliminates the stress of paying on time and the worry of missing payments and incurring late fees.

Making timely monthly payments is essential for avoiding late fees and the risk of defaulting on your property. All payments are due on the first of each month. If by the fifth we are unable to process the monthly payment via ACH autopay due to insufficient funds, there will be a 10% late fee added. If we don’t receive your payment by the 15th, we will file an unlawful detainer, which could lead to eviction. It is important to stay up-to-date with your payments to enjoy a smooth and stress-free experience.

All of our houses purchased using a land contract (contract for deed) are fully amortized over a 30 year period of time to ensure monthly payments are manageable for buyers. If you want to move out before the end of the term, you have 2 options:

1. Pay off the principal balance on the loan by selling or refinancing the property

2. We offer a $750 move out credit which is eligible for buyers who do not want to wait to refinance or sell the property in order to move. To qualify for the move out credit, you just have to have lived in the property for at least 12 months, be current on all payments, and provide us with a 30 day notice.