+ How often do you have a house available?
We come across 2-4 really good deals a month that we will wholesale.
+ What do you charge for your wholesale fee?
It really changes house to house, depending on how good of a deal it is. We do our best to leave good margin for the end investor-buyer, with their needs in mind.
+ What sets you aside from other wholesalers?
When we get a deal, we make sure it is quality top to bottom. We run the numbers, do our homework and always buy with our end-buyer in mind. We wouldn't assign or sell a deal that we wouldn't want to do ourselves.
+ Why don't you keep all your deals and flip them yourself?
Sometimes we can only handle so much. We would never wholesale a deal that we wouldn't want ourselves... we wholesale deals that we can't do ourselves because our time and/or funds are just tied up! We only flip so many at a time but with savvy marketing techniques, deals naturally flood in for us and we are happy to pass them onto quality investors who are ready to do a beautiful job and make a profit.
+ Do You Buy Wholesale From Other Investors?
Yes, of course!
If you have a property you'd like to wholesale, click on "Get Started", scroll down and open the "submit property" form. Once you fill out and submit the form, we will take a look at it and will let you know if we are interested!
For Those Buying A Home With Cash
+ Why should I buy from you instead of a real estate agent?
Simple... we don't charge a commission and you will recieve a great house with good equity that just needs some TLC or a beautiful turn-key home at a fair price. Nevertheless, we admire real estate agents and we do use them in our business, especially when our schedule is booked and we have no time to try and sell our houses ourselves.
+ How would your business and services benefit me?
We often come across fantastic properties with good equity. This means you can buy your next home knowing you're getting a great deal without having to pay extra commissions or fees.
+ Do you charge anything for us to come look at houses?
No way! Come see the house(s), visit with us and enjoy yourself. We are here to get to know you!
The only thing we ask is that you don't waste our time. If you aren't interested in buying or if you are not going to buy in the future, then it may not be the best idea for you to come out to view one of our homes for sale.
Regardess, there are many other ways we can connect and help! Reach out to us today.
+ Do You Buy Houses?
Yes, we do! If you want to learn more, please visit our buying website: www.RinconPropertySolutions.com
For Those Interested In Rent To Own
+ What is Rent To Own?
A rent-to-own, often called a lease/option, is a contract under which you rent/lease the home with a future option to buy, and it can be a brilliant choice for the family in need of just-that-little-extra-time to qualify for a loan. And with no guarantees in the real estate market, locking-in a purchase price will likely prove to be very advantageous.
We will set a purchase price at the current market value. In the future, when the real estate market rebounds and prices increase, the option will remain to buy at the locked-in price.
The rent-to-own process: We will set a purchase price to the property, a payment, and the time frame within which you must obtain bank financing.
A rent-to-own is not long term financing. You must qualify for a bank loan within 1 - 2 years.
Does any of my monthly payment go toward the purchase price?
In many cases, yes! You are building equity in your home while you rent. A portion of your payment will be added to your down payment.
For example, if $250.00 goes toward your down payment each month, at the end of a one-year term, you will have added another $3,000.00 to your down payment. ($250.00 x 12 months = $3,000.00) Through the rent-to-own process, your down payment will increase as your payments accumulate each month.
+ I have horrible credit, can you help me?
Most likely, yes! Depending on how much you can afford as a down payment and just how bad your credit is, we may still be able to get you in a property. We can put you in touch with a Credit Repair Specialist who can assist you in finding a credit solution. Contact us today to take your first step.
+ Is a down payment required for Rent To Own?
YES. To have an option to buy, you must, by law, put money down toward the property, which goes toward the purchase price of the home. Your purchase price remains locked-in. For Rent To Own, we call the down-payment an "option deposit" and we apply it to the price of the house once you are ready to buy it.
A quick example of the option deposit process: Purchase price - $150,000.00, Option Deposit amount of $15,000.00. The amount due when you qualify for bank financing is: $135,000.00 ($150,000.00 - $15,000.00).
+ How much is the Option Deposit (down payment) for RTO?
That depends. A large option deposit will help tremendously when you're working with a bank for long term financing, as it will lessen the loan amount you will get from the bank down the road. You should offer as much of a option deposit as you can afford, so that we may get a home in your name as soon as possible.
Higher option deposits will give you first choice when your ideal home is available. However, you should know that if you fail to qualify for bank financing within the term of the lease, your down payment may not be refundable.