SELL A PERCENTAGE OF YOUR OWNERSHIP FOR MORE THAN ITS VALUE!
example: Seller / Investor (INCO) owns a home valued at $150,000.
INCO leaves in 10% equity valued at $15,000 as an investment that
qualifies as down payment for qualified Buyer (RECO). In return
Investor maintains an ownership in the property of 10%, 15% or more.
many times have you heard people say they wish they still had the
property they sold a few years ago because it increased so much
in value. Now you can keep a piece of the rock.
NO PROPERTY TAXES!
agreement, the Resident Co-Owner is responsible for taxes on the
property, not INCO.
NO LOAN PAYMENT OBLIGATION!
agreement, the Resident Co-Owner is responsible for all loan payments,
NO MAINTENANCE COSTS!
agreement, the Resident Co-Owner is responsible for maintenance
costs of the property versus no maintenance costs for a Renter.
NO MANAGEMENT WORRIES!
the Resident Co-Owner is a co-owner they are responsible for keeping
up the property. An owner has many more concerns with a renter who
has no vested interest and no benefits in maintaining the property.
PROTECTION OF A LONG TERM CONTRACT!
“Co-Owner Agreement” has been negotiated and signed by all parties
involved. The agreement is normally drawn up for a five year period,
however the length of the agreement is negotiable. The agreement
covers all concerns and contingencies agreed to by the participating
PARTICIPATES IN ALL FUTURE APPRECIATION!
agreement, the Investor Co-Owner will receive a percentage
of all future appreciation of the property, for the term of the
REALIZE A HIGHER RETURN ON INVESTMENT CAPITAL!
Co-Owner can take the profit from the sale and reinvest it into
other properties with a similar agreement or buy a home for themselves.
Owning multiple properties with the same capital outlay without
the management headaches is ideal for any real estate investor.
PROVEN STABILITY OF A RESIDENT CO-OWNER VERSUS INSTABILITY OF A
Resident Co-Owner has been qualified and verified as stabile
by the lender in terms of work history, credit and can qualify for
a loan on the property. Resident Co-Owner has an investment
in the property versus a Renter’s noncommitted position.
ENJOY PEACE OF MIND THAT YOUR INVESTMENT IS WELL TAKEN CARE OF!
You do not pay Loan Interest - The Resident Co-Owner pays.
You do not pay Loan Principle - The Resident Co-Owner pays.
You do not pay Propery Taxes - The Resident Co-Owner pays.
You do not pay Propery Insurance - The Resident Co-Owner pays.
You do not pay Utilities - The Resident Co-Owner pays.
You do not pay Maintenance Costs - The Resident Co-Owner pays.
You no longer receive Maintenance Calls - The Resident Co-Owner
You may be entitled to Depreciation benefits.
You may be entitled to defer Capitol Gains taxes via a 1031 Exchange.
Own property the smarter hassle-free way and let others take on
the responsibility whiile you continue to participate in appreciation.