Here at Fortune Global Monopoly, LLC, we buy properties two different ways. It's either a CASH OFFER or ON TERMS. It all depends on your situation and what you looking to accomplish as the seller. There are advantages and disadvantages of both transactions.
CASH OFFER ADVANTAGES
Quick Cash
Close Quickly
No Closing Cost
No Realtor Commission
No Fees
No Holding Cost
No Repairs
CASH OFFER DISADVANTAGES
Minimum CASH OFFER
SUBJECT TO TRANSACTIONS ADVANTAGES
"We give you the price you want as long as you agree to give us the TERMS we want."
Down Payment Upfront (Due at Closing)
We upgrade you from a landlord into a lender on your own terms
We pay the Closing Cost
No Realtor Commission
No Repairs
No Holding Cost
We pay your Taxes
We pay your insurance
We pay your interest
We pay your Principle Balance.
We take over EXISTING PAYMENTS
Your take over name still remain on the existing loan
Your credit will improve as we continue to make payments towards your existing mortgage
No more dealing with Tenants
We also give you a separate payment to you for the EQUITY you have on the property (Only if you have EQUITY)
We HIRE a servicing company called ( West Star) to secure all the payments
If we ever DEFAULT, you get to keep the property, all previous payments made to you, your mortgage payments, and improvements made to the property
We create a document called (The Performance Deed) to secure your interest.
We pay the mortgage down completely until the length of the terms or on whatever Terms we agreed to.
You end up making more profit for your property in the long run.
If something should ever happen to you, you can leave the payments into a Trust for your kids and your family
DTI- “we use a 3rd party servicing company called west star, who services the loan.. once your lender sees that a 3rd party is responsible for that mortgage and 1 payment is made 70% comes off their DTI, after 12 payments 100% come off. We have had plenty of sellers ask that same question and none of them had a problem getting into their new house”
We Take Over The Property and we become the landlord until we refinance and pay you out or we sell the property and pay you out in the length of the terms we agreed upon.
Tax Depreciation
Appreciation
Cash Flow
Does not need to take another loan to buy another property
You dictate the terms; What we need to know now is, your Principle Balance, Interest, Taxes, Insurance or you can send us a mortgage payoffs, your down-payment that you want, the price that you want, the length of the terms and the Balloon Payments Year.
Dictate Your Own Terms
Owning a home is a keystone of wealth… both financial affluence and emotional security.
