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Equity Builders Group is proud to offer a proven cash flow investment with substantial instant equity through True Wholesale Houses. The investor receives the best of both worlds a true turn-key investment backed and managed by a team of life long real estate professionals. Invest with Confidence.
The Genesis of True Wholesale Houses is taken from a deep understanding of cash flow investment properties and what it takes for the passive investor to succeed. The investor that chooses to invest with True Wholesale Houses will enjoy a predictable monthly cash flow and instant equity.
This team of real estate pros has handled over 1000 transactions involving cash flow rental properties. Our team currently has over 150 units in the portfolio. When the investor succeeds we succeed as well, True Wholesale Houses has skin in the game throughout the entire life of the investment. True Wholesale Houses is creating a true win/win for the Investor.
True Wholesale Houses Opportunity
1. TWH purchases foreclosures and bank owned properties at 30 to 60% of after repair value.
2. TWH Rehabs to HUD government standard -highest standards in the industry.
3. TWH will place (in most instances), a HUD tenant which creates government backed cash flow.
4. Our affiliate, Portland Funding, has placed a loan on the property for the wholesale price.
5. The investor will buy the existing note through an assignment of Deed of Trust.
6. Investor will get title insurance through a National title company.
7. Interest rates on the notes are 7 to 10% interest only payments made monthly.
8. Loan and investment size is $20,000 to $40,000 for a Equity Builders Group investment.
9. The loan is an equity participation Note and Deed of Trust. Upon resale net equity will be split 50/50.
10. The term of the loan is 3 to 5 years and longer if investor wishes.
True Turn Key Investment with
True Wholesale Houses
- Lower investment for the same house
- 60+ years experience-over 1,000 transactions
- Vested interest
- Guaranteed payments, true passive income
- Professional management with vested interest
- Professionally rehabbed houses
- Partnering and support
- Worry free investment
- Profit participation on the upside
- No cash calls
- Handle all expenses and maintenance
FAQ
Who Can Invest?
Any person, corporation, LLC, and self-directed IRA is able to invest with TWH
Is There a Maximum?
There is no maximum. If an investor wanted multiple properties (Notes) we would devise a custom schedule to allow multiple purchases over time.
What if I Need to Sell my Note?
There is no restriction. The note is liquid and can be sold or assigned at any time to anyone or entity. It should be mentioned that these Notes are more liquid generally than the house that secures the Note.
Will I Get my Equity Participation if I Sell my Note Prior to Maturity?
If you sell the Note early the Equity participation follows the Note. Most Investors are able to sell the Note at a higher face value in order to achieve some Equity Participation if the Note is sold early.
As a side note, TWH is always willing to buy the note back and assume all the terms of the note. However the Equity participation would go to TWH.
What is Equity Participation and How Does it Work?
Equity is the amount of money left after a sale’s costs and payoff of the Note to the investor: Upon resale of the property, the Note investor is paid all principal and interest that may be due at the time of sale. Sales commissions and any other 3rd party closing costs are paid. The Note holder and TWH split the remaining equity 50/50. Since TWH is buying these properties already far under value and with some anticipated inflationary pressure we feel that 3 to 5 years from now the equity before splitting will be in the $20 to $50k range per property. 50% of that is the Note so Equity participation depending on Market conditions will be in the range of $20,000 to $40,000 per Note.
What Do You Mean “Vested Interest” or “Skin in the Game”?
The heart of our TWH program is that every key member of the company is an owner. From Founders Jay Hinrichs and Mike Hanks to our Jackson Division with Brad Miller and Michael Collins we are all owners. We only receive compensation when rents are collected and when the properties are sold for profit. This is the ultimate skin in the game or vested interest.
