FINANCIAL REAL ESTATE SOLUTIONS, LLC (FRES) pays cash for houses using private lender funding instead of bank loans.
FRES typically achieves a very high return for all parties involved on properties we purchase. Consequently, we can offer private lenders a high yield when their money is used to fund our deals.
The money we borrow is secured by a 1st note and deed of trust (mortgage). Our investors also receive monthly interest during the time their money is invested with us. Most loans have a balloon payment due in one (1) to three (3) years. Longer terms are decided on a case by case basis per the investor’s desires.
FRES would find properties in solid, bread and butter neighborhoods ($75-300K). Investor provides the funds to buy the property that will be placed in an LLC or Land Trust. The sales price includes the investors eventual profit once the property is sold to the “End Buyer”.
All Private lenders get:
- Promissory Note
- Deed of Trust recorded against the property
- Listed on the hazard insurance policy as the mortgagee
- Lender’s title insurance
We never co-mingle or pool funds together. One investor… one note and deed of trust.
When you decide on a deal, you’ll send your funds directly to the closing agent at a local title company when we are ready to close. We’ll never accept your funds directly.
All the houses used as collateral will be located near Orlando, Florida. Areas such as Altamonte Springs, Longwood, Avalon Park, College Park, Kissimmee Sanford, Apopka, Maitland, Winter Park, Dr. Phillips, Bay Hill, Windermere, Downtown Orlando, Seminole, Osceola, Lake, Brevard and Orange county. We occasionally have deals near Disney if that’s your preference.
If you have funds in a retirement account, you can use them to invest. The IRS requires the use of an approved custodian to qualify for tax deferred or tax free gains. I recommend www.Trustetc.com or www.NuViewTrust.com to create a self-directed real estate retirement account. I will be glad to discuss this with you further.
Call Today for a FREE Consultation through Real Estate Investments. 407-466-7335