Capital available: Earnest Money Deposit Assistance Program Available in all 50 states to rehabbers, flippers, mobile-home-park & RV-park buyers, commercial & industrial investors, wholesalers, etc. Quick Funding Decisions! FREE Consultations Call 7 Days:> 772-24LOANS.
There are no hidden costs or up-front fees. We are compensated at the close of escrow. We get paid when you get paid. Even if the escrow falls through and the transaction is cancelled, there is no penalty to you. Hopefully we make money on future deals together, and that makes up for previous efforts that fell short.
1. The EMD transaction is a private investment, not a loan. There are no up-front fees, no points, no interest, no penalties or no late fees.
2. Maximum EMD is 1% of purchase price i.e. ($500k purchase = $5k EMD), up to maximum 1% of purchase price i.e. ($5 Million purchase = $50K EMD)
3. A cash-on-cash Return on Investment, due on close of escrow if the transaction is successfully carried through to completion, will be calculated according to the following scale, based on an EMD of 1% of the purchase price. Example: $500,000 purchase contract x 1% EMD funding = $5,000.
FYI: This EMD Program does NOT normally fund: REOs, HUDs, Short sales or raw land deals.
Amount Invested Cash-on-Cash Return Examples
From $0 up to $4999: $2500 minimum markup cost
$5k up to $25k: 50% ROI $10K of $20k invested = $30k paid back
Above $25k: 35% ROI $14k of $40k invested = $54k paid back
NOTE: $50,000 is the maximum EMD funded at the above rates. Also, please note that this is an absolute, not annualized, percentage.
- Don’t tie up your precious capital, use OPM (other peoples money)
- Allows you to leverage yourself into more deals
- Can mean the difference between a deal happening or not
- It can be critical when it comes to putting a property under contract
- No Risk: There are no downsides, or costs, to you for escrows that fall through
FREE Consultations! Call 7 Days:> 772-24LOANS, Email:> [email protected]
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