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2nd Chance Homes, LLC
PO Box 150 Get Map
Telephone: 866-839-9048 |
Sell & Rent Back Real Estate.
2ndchancehomes, LLC is a leading real estate investment company that is taking advantage of the current economic climate and providing to homeowners the ability to release the equity from their property, payoff off all their debts, have money in the bank and continue to live in their current home.
Philosophy
Investments are prepared strategically with our investors/partners and alliances to create enhanced value, while maintaining a risk-mitigating investment philosophy.
Profile
Retirement accounts or other investments not returning 9% to 11% safely? 2ndChanceHomes has a great program that can replace your slow yielding investments with higher rates of return from secured real estate notes.
If you’re interested, we’ll be glad to show you exactly how you can profit investing in secured, safe, low loan-to-value real estate notes.
How we operate... When we pay cash for a house, we usually include private lenders instead of using our own funds or loans from banks. Since we get a high return on our own cash, we can offer our private lenders a higher yield when we use their money to fund new deals.
Maximum loan to value is 60-70%. That means we will borrow maximum $140,000 on a $200,000 property. The money we borrow is secured by a 1st note and deed of trust (mortgage). Our investor gets 9.00% interest. Monthly payments include principal and interest, or interest only, depending on your needs.
How would you like to have some of your liquid cash or retirement funds working like that for you?
For every loan, all private lenders will receive:
• A Promissory Note
• A Deed of Trust recorded against the property
• Added on to the hazard insurance as the mortgagee
• A copy of any appraisals or market analysis reports
• Lender’s title insurance
• We pay all costs involved to close the transaction. There is no cost for this to you as the investor
Executive Summary
2ndChanceHomes seeks to raise multiple investments of between $100K and $500K for the sole purpose of acquiring single family homes.
This company has no registered employees.
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