How to help deserving people achieve home ownership
There is a wonderful program available that focuses on helping deserving families acquire home ownership that couldn’t otherwise do so , and getting them out of the perpetual rental cycle.
The concept is quite simple they buy foreclosed homes at a great discount then sell them to an investor, then they market the home for the investor to a deserving family at monthly payment considerably lower than they are paying in rent. The new owner is responsible for making any needed repairs and making the monthly payments which is all handled for the investor for a very nominal fee. For helping the family the investor in return gets first position on the mortgage as well as the mark-up from what they bought it for and what the new owner pays. The average annual return for the investor is 12%, and the investor can receive passive income for many years to come with no effort other than making decisions if needed from the management company. Wow! what a concept and yes it can be done inside a self directed IRA.
The minimum investment is $120,000 which gets the investor 3 houses which are then sold to the new homeowner for $60,000 per home by the management company
Would you like to help deserving families just reach out.