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Business For Sale

Private Residential Real Estate Financing

Oakland, MI, USA

Services: Real Estate

Asking Price:
Year Established:
Employees:
Listing Number:
$100,000
2004
4
330329
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

The current economic situation has created a huge opportunity for the private placement of funds with 100% security. Many individuals have been stricken by these hard times, but are now in position to begin to rebuild their lives. A Real Estate developer is working with such individuals to place them in single family homes. The developer uses a rigorous screening method to qualify such individuals and put them in a program that will eventually enable them to be home owners again. Banks will not work with these individuals because of their past problems, but now that their problems have been solved, the developer can help them begin new lives. Investors are needed to make this program work!!! The investor will provide private financing for the purchase of these homes and the occupant will buy back the home based on their established ability to pay. The investor will receive first position on the title of the property as collateral on the private loan. It is anticipated that the investor will be able to be bought out of that deal as soon as 18 months into the program. The investor will receive monthly principal and interest payments until the buyout is complete. Investors can participate in as many programs as they wish. The entire program is managed by the developer, so the only requirement on the Investors’ part is the use of their money. Generous returns on investment are anticipated. Details of the program will be sent on request.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Private Residential Real Estate Financing
Business Listed By:
Rick Smith
Summit Business Brokers
contact the seller
Due Diligence Checklist and Guide
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