Los Angeles: Leverage your house; no monthly payments nor interest!
Please read this in its entirety, and follow the instructions here, and in your e-tickets email, or we will not be able to assist you with our no monthly payments and no interest program.
Do you want to make improvements on your home? Pay off debts? Maybe you want to use the money for the downpayment of an investment property, or start a business? Equity sharing may be an option for you!
Investors will loan you an amount of money—ranging from 10 – 20%--and charge you no interest or monthly payments. Here are some FAQs:
Q: Is this a loan?
A: No. With no interest and no monthly payments, it is a mortgage debt alternative.
Q: How does this work?
A: You sell a future share of your property's future value upon selling (up or down), for a set amount of cash now.
Q: How much can I receive?
A: Up to 20% of your home's appraised value. The average is between 14 - 18%.
Q: What are the basic qualification guides?
A: One must have a dependable source of income, as well as good credit of +680; may go as low as +630. If you have an estimate of your score, please include it in your reply. A soft pull is done in the pre-approval phase, which won't show on your credit, DTI (debt to income) ratio of less than 50 percent, be your primary residence, and other factors.
Q: What types of properties are considered:
A: Single family homes, Condominiums, Townhomes. Manufactured/mobile homes are generally not considered. Others are case by case. Specify if owner occupied, a second home, or rental.
Q: Do the firms benefit from the equity?
A: No. The equity is yours, to use if and as you desire.
For us to be able to help you, when you receive your e-ticket, you will need to email us:
1- Property address2- Homeowners full legal names3- Best contact number(s)4- Email address(es)
When we receive your order, we will send you a confirmation email, asking to confirm this information. If we do not have a reply to the confirmation email, we shall not be able to assist you, so please reply to the confirmation email.
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