How to do a Residential Back Flip™
In this video we are excited to introduce you to the best way to profit with a brand new strategy we call Residential Back Flip™. Unlike many real estate strategies out there today, this one is designed to be used in today’s market. As you know, today’s market represents a lot of upside down homes, which means the homeowner owes more than the property is worth.
This has brought three huge problems to the homeowner….
- Loss of equity in their home
- They owe more than their mortgage (upside down)
- High monthly payments.
The two biggest challenges to the homeowner in correcting these problems are:
- They don’t want to move.
- They don’t want to ruin their credit
Before now, there were only 3 options for the homeowner to deal with this issue:
- Loan modifications – This will ruin their credit.
- Short sale – They have to move and ruin their credit
- Foreclosure – They have to move and ruin their credit
OUR SOLUTION! The Residential Back Flip™. We provide an amazing opportunity for someone to keep their good credit, lower their monthly payments, create equity, lower their debt and not have to move.
How does this work? In summary, there are 3 basic steps:
- A 3rd party investor, (this is us), purchases the note from the lender at a big discount.
- We then sell the property back to the homeowner at a new lower purchase price.
- The homeowner, then refinances our loan to them, paying us off and we make a profit for the difference.
- Homeowners Original Loan:
1 million dollars
- Current Market Value: $800K
- WE Purchase the loan (the note) from the bank for a discounted rate: $540K
- WE Sell the property back to owner for $600K (Residential Back Flip™)
- The homeowner gets a new loan to refinance our loan.
- We collect the difference between the amount of homeowners purchased price, ($600K) and the amount we purchased the note for, ($540k)…. In this case we profit $60K!
It’s that easy.
And the best part? You use OUR money to do this!
Watch for the next video which will tell you how to:
- Use our money doing these back flips?
- Get paid doing Residential Back Flip™ with us.
Want to learn the details for exactly how to you can profit from
Residential Back Flips™?
Sign up for this webinar training detailing all that you need to know to get started.
Go to the registration box on the right side of this page. From here, put your name and email in the boxes to register for a detailed 1 hour webinar training where you will learn exactly what you need to do and begin using our money to profit when you learn how to Back Flip™ high end houses.