|
Down Payment and Closing Cost Assistance |
|
How To Get Down
Payment and Closing Cost Money To Close Commercial and Residential Real
Estate Deals
You can also
get Proof of Funds for business acquisitions and Project Finance besides the
types of deals mentioned below. Fees will be different based on the type of
deal.
This type of transaction
allows you to put cash in your pocket
upon closing and you can either
resell the property or
keep it for the cash flow and you
do it all with other people's money.
NOBODY OUT THERE
HELPS OR SHOWS YOU HOW TO BUY
COMMERCIAL or RESIDENTIAL PROPERTIES LIKE THIS!
Especially Commercial Properties.
This information
can also be used to buy your dream home.
|
|
You must think that it's impossible to get a large commercial
or residential deal done because you don't have down payment money or money for closing
costs. What I found out while brokering commercial deals will blow you away.
I discovered a way for anyone to buy millions in real estate with the right knowledge
even if you don't have a lot of money.
If you wanted to buy a $2.5 million
dollar building and you need about $500,000 to $1,000,000 to close the deal,
where are you going to get it from?
|
 |
|
The bottom line is that you will find out how
to buy million dollar buildings with borrowed Down Payment money from our
sources that isn't paid back until closing. We will also show you how to
not pay it back out of your own pocket. Get the
seller to pay it back for you.
THE BEST PART IS THAT YOU MAY BE ABLE TO
PUT A LOT OF MONEY IN YOUR BANK ACCOUNT THE DAY OF CLOSING
How do you become an instant millionaire?:
What ever the down payment you use will be your positive net worth when the deal
is closed. That means that if you get a Down Payment Assistance for $4,000,000
then you will be worth $4,000,000 when the deal is a closed. An Instant
Millionaire. You don't understand how? but we can explain.
Example:
- Value =$10,000,000
- LTV (Loan to Value) from lender=60%
- Down Payment Required=$4,000,000
- Loan= $6,000,000
- Cash Out At Closing= Depends on what kind of a deal
you have arranged.
- Your Net Worth= $4,000,000
(That's the down payment that was put up and you are now officially a
millionaire!)
We can also show you how to get cash
out at closing for working capital.
If you can put 2 and 2 together you will understand how
this is achieved. You can even structure a deal
with two closings in the same day (DOUBLE CLOSING) where you are buying and
selling the same day. Example:
- Value=$10,000,000
- Your Cost To Buy= $4,000,000
- We Give you $5,000,000 Cash To Close. (You only Pay
$250,000 at Closing for That)
- Your Selling Price= $10,000,000
- You Place A Lien on The Property for= $5,250,000 plus
any profit you want. So if you want a profit of $1,000,000, you place a lien
for $6,250,000
- Your Buyer Gets a Loan For= $6,500,000
- You Just Made = You just made
$1,000,000 Profit
|
Get out of the rat race!
Take charge of your financial future and experience financial freedom.
I am not suggesting that you will
do it with zero money, there are some initial costs involved: such as
initial deposit to the seller.
Initially before you even get to the closing table you are going to have to pay for the appraisal, inspection,
survey and environmental reports. Initial costs could run from several hundred to
several thousand dollars depending on the size of the transaction.
I
will show you how to get all that money back after you close.
That's just the initial costs, we
have not even discussed the huge down payment required, usually 10% to 35%
at closing. Where are you going to get that from? Not from your credit
cards and probably everyone you know is broke; Now what? Well,
I will show you the sources that
will solve all your problems and get you the down payment money you need
to close your deals. This is where I get my investors the money they
need to close their deals.
We can hold your hand and help you
with structuring the entire transaction
from start to finish.
|
TO GET HELP
Request A Call Back You will
get better response
Request Application Package
Calculate Your Deals To
See if It is Doable
Financial and
Investment Ratios
HUD 1 Calculations
Other Ways To use Our Services
If you need proof of funds
in the form cash in the bank for your company.
Or a joint venture partner with cash in the bank. |
WHAT IS REQUIRED TO USE THIS SERVICE
-
A Properly Structured Deal:
This is THE most
IMPORTANT part. If you did not negotiate properly and it is not structured
properly then your deal many not qualify to use this service. If you do not
know what you are doing you can let us handle everything for you from
beginning to end. We will talk to the sellers and the realtors for you if
you need help with that or we can structure a double closing and they don't
have to be in the way of getting your deal.
-
Find a property.
We can help you with that because this requires
certain parameters for this to work.
-
The secret is to find a property
that has equity that is either currently producing income or has the
potential to produce income when fully rented. We
can help you evaluate a property.
-
Appraisal if needed:
Better let us handle that for you but
sometimes you may not need one done.
-
Real Estate Contract. The contract needs to be
written a certain way. The contract needs to be written a specific way for
this program to work to your advantage. If you do not know what you are
doing we can help you with that as well.
-
Lender Approval Letter:
You can get your own loan
or we can do that for you as well.
-
Request the APPLICATION FORM.
The
form requires that the seller signs these document however there is another
to structure the deal so that you do not need to involve the seller at all,
we can help with that.
Here is an example of one of the ways
you can do a deal and put cash in your pocket even on a hard money loan:
-
Property Value: $10,000,000
-
Contract: $10,000,000
-
Seller only wants to net = $5,000,000
at 50% of the value.
That may be all he owes or less on the mortgage and he's just happy you took
that headache off his hands.
-
Loan @ 65% LTV: $6,500,000
- Down Payment Needed: $3,500,000.
- Cost for Down Payment: $420,000
- Closing Costs from Lender on Loan Amount of
$6,500,000: $325,000 (It can be more or less)
You
accomplished two things with this type of transaction, you got a property with
little money out of pocket and your
net worth jumped to $3,500,000
Things you need to get a deal done
1. Contract
2. Appraisal
Fax me 954-441-3359 or email me at
dpa@realbusinessloans.com
YOU DON'T HAVE TO DO ALL OF THIS IF YOU FIND IT
COMPLICATED, LET US DO IT FOR YOU.
Another but basic explanation of what seller must pay at closing.
You can
put in your own numbers below.
USE THESE OTHER CALCULATORS ALSO
Financial and
Investment Ratios
HUD 1 Calculations to figure out what your closing will look like. Are you trying to do a deal with little or no
money? Are you using down payment assistance to do a deal?
Calculate Your Deals To
See if It is Doable
Fees
Consulting/Due diligence
fees. This fee is paid to make sure we structure the deal properly and
make sure our investors are protected.
There may be a set-up fee. This fee is paid
when you submit all our documents and we are ready to set up escrow in your name
to get the transaction ready to close.
Fee Upon Closing
You have to pay 12%
of down
payment used at closing. This can be paid by the seller upon
closing.
Fee for Proof of Funds
if Necessary Days prior to closing: If you need us to move money
into escrow prior to you closing then you will have to pay one percent
(1%)of the requested amount. If you need the money to sit in escrow weekly
until it closes then you will have to pay one percent every
week, in advance for that week until you close. The investor will deposit the
funds in escrow and get a letter that will provide the proof that you have to the money
to do the deal. Once the deal closes you will pay the balance when it closes
since you already paid some of it.
BOTTOM LINE:
YOU WALK AWAY WITH A PROPERTY AND A NEW NET WORTH
Be sure to email me your contact
information when you are ready to move forward to do a deal.
DownPayment@realbusinessloans.com
This
is for everyone: bad credit?
no problem!
Real Estate
Locating and Evaluation Assistance: (Optional)
-
We assist you in locating and
evaluating properties. If you need us to find you a good commercial
property that you can do the deal with Down Payment Assistance we can
help. It will cost you about $2,500 for us to spend the time to look and
evaluate the deals. Then we will have to negotiate with the sellers and
try to get you a deal that you can pull some cash out at closing. Not
only that, we try to do it with very little money out of your pocket
using our down payment program to close the deal.
|
This is Giovanni
Fleury,
Real Estate Broker and author of this website.
If you move to Florida you can get a really nice tan like me.

|
|