Have a Question? Call (904) 403-4030
| How is it possible that I can buy a home for ZERO Down
and what are the Qualifications? The Financial Group LLC will sell you the property with seller financing in place. That allows you to purchase the house with zero down, After the house is remodeled you then perform a "No Seasoning Rate & Term Refinance" which takes roughly 30 days. The buyer will need a 650 credit score and documented income. Are these houses in good condition? Yes, every house will be in excellent, rentable condition – with a tenant already waiting. These houses are fully remodeled and updated to code. Will I get to inspect the property before I decide to purchase? Yes, we will set an appointment at the property before we close. We can walk through the property with you and explain the remodel process and what will be done to the property. If you decide you would like to order a professional home inspection report, you are welcome to make separate arrangements for one. How do I know I am buying the property at a true 65-75% of value? The lender will order an appraisal from one of their approved appraisal companies, and you will refinance 65-75% of that appraised value. Does The Financial Group, LLC screen tenants? Yes, we require a rental application to be completed by the tenants. We then process the application by doing a credit check and verifying all references. As a one-time administrative fee we will keep the security deposit we acquire from the tenant. However the deposit is reimbursed should the tenants vacate the property within the first three months. What if the tenant just leaves after I buy the property? This rarely happens, but should it occur, The Financial Group, LLC will guarantee the rent for 3 months after the purchase. If the tenant moves out before the 3rd month following your purchase of the property, we will pay you for that lost rent during those first 3 months. You also get to keep the tenant’s security deposit. How do I get started? First, you will want to get pre-qualified to participate in the program. Typically you will need a FICO score of 650 or better, along with documented income. Many investors are able to buy multiple investment properties through this program and you do not have to live here in Jacksonville |
| With investors increasingly seeking more secure alternatives to
the stock market, real estate investments, continue to be outstanding
near- and long-term performers. The Financial Group, LLC is looking
for future investors to not only purchase real estate, but also to
help fund the deals for other first time investors. We have designed
a program for private money investors that come with highly attractive
returns. Investing in real estate should be about stability, comfortable and solid returns, as well as protecting downside and securing the investment with real property…all are features when investing with The Financial Group, LLC. We structure offerings around real estate in many ways, typically providing fixed-rate returns plus upside participation while putting investors in preferred positions for cash and assets. As a result, the most enticing benefits to our investors include recurring income and stability, portfolio diversification, a hedge to economic cycles and significant upside potential. If this is something that you would like more information on, please contact us today. You will be glad you did! |