It varies from deal to deal. The bigger the deal, the more mailbox money.
No. the buyer finds the house usually with the help of a Realtor associated with the Mailbox Money Program. You just buy the house of his or her choice and then resell it to him or her.
Buyers enjoy an array of benefits when working with us. Apart from providing them the opportunity to buy a home without having to go through the conventional underwriting scrutiny, we get them all sorts of professional help including a relator, attorney, and more. They buy homes that fit in their budget and needs. There are no balloon payment requirements or pre-payment penalties. We offer them very flexible terms.
No. Since the payments are handled by a third party, your payments are made on time every time. What’s more, your ROI is protected by strong collateral – the property itself.
No, you are not. The buyer owns the property and is fully responsible for the property’s maintenance, taxes, and insurance.
Since you are a lender, not a landlord, you don’t have to worry about vacancies or repairs. If the borrower fails to make payments, the lender can foreclose! There are two layers of security to make sure this doesn’t happen, but if it does, you are protected with EQUITY.
Yes, that’s the beauty of the program. You can help as many people as you want with fulfilling their dream of home ownership. You don’t need to learn anything new each time you invest in a new property.
Not at all! You don’t need to learn about cap rate, cash flow, cash on cash return, internal rate of return, net present value, net operating income, net operating expenses, debt servicing ratio, vacancy rate, gross income etc. You don’t have to learn because under our system, you are not a landlord nor a flipper, but simply a lender.
The training is going to be a breeze. The live training happens on a weekly basis and it’s absolutely free. Additionally, it is a very comfortable environment with NO upsells.
As long as you have strong credit, verifiable income, and liquid to invest, you should be able to quality for an investor loan. You work with a licensed loan officer to get pre-qualified.
It is very simple. You don’t even have to find the investment property. The home is delivered to you on a shopping cart. You simply buy it and sell it on the same day for a fixed amount of profit month after month, year after year.
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