How Does It Work? Can You Seriously Average 12-15% Monthly?
The "No-Buy" Property
The Competent Homeowners
The "No-Buy" Property
At Benaiah Property Solutions, our process is fairly simple, but effective. We scout the market to find the homes that no one else wants (the eye-sores of the neighborhood) and are able to lock in the property at a low, cash-only offer.
The Transformation
The Competent Homeowners
The "No-Buy" Property
The next step is to assign the reconstruction of the home to our highly skilled and professional team of contractors with proven track records. They begin turning the "eye-sore of the neighborhood" into a wonderful home that anyone would enjoy.
The Competent Homeowners
The Competent Homeowners
The Competent Homeowners
The last step is to turn the property over to the new owners once all closing procedures are complete. There's plenty of excitement and reward on both sides of the table when new home owners take possession of their new home.
What is Private Lending?
A private money loan is a loan that is given to a real estate investor, secured by real estate. Private money investors are given a first or second mortgage that secures their legal interest in the property and secures their investment. When we have isolated a home that is well under market value, we give our private lenders an opportunity to fund the purchase and rehab of the home. Through that process, the lender can yield extremely high interest rates – 4 or 5 times the rates you can get on bank CD’s and other traditional investment plans.
Essentially, private money lending is your opportunity to become the bank, reaping the profits just like a bank would. It’s a great way to generate cash flow and produce a predictable income stream - while at the same time, provide excellent security and safety for your principle investment. You can do what the banks have been doing for years…make a profitable return on investments backed by real estate. There is no other investment vehicle like it!
Through private money lending, you have the opportunity to become the bank.
How Do Private Lenders Benefit?
You, as the private money lender can benefit greatly from investing your capital. A real estate mortgage/deed of trust provides you with security instruments you would not get with other investments. You also have added layers of protection because of how we buy, and because you have recourse available to you in case we were to default on the loan.
We currently pay 4-5 times what a typical bank CD is paying. Our rates will fluctuate very little all depending on the purchase price and rehab involved. The lower the price we pay for a home, we can pay a little higher rate to make sure our lenders make it worth their time. Private lending means you can relax while the money is in a truly safe place, working for you.
It’s a win/win opportunity for both the lender and borrower
What’s in it for you?
- Safe investment secured by real estate
- High returns on your money
- A predictable income stream because rates fluctuate very little
- No management costs
- No daily headaches with managing contractors
Why Private Lending is SO Compelling
- Borrower takes majority of the risk
- If lender must foreclose, lender makes even more money
- Multiple loans can be made at one time
- It is easy and clean work
- You make money while you are sleeping
- Profits can be tax free
- It is PROFITABLE with no cap on earnings
- Passive income (minimal time involved)
- No dealing with tenants
- No manual labor renovating properties
- No dealing with unscrupulous contractors
- Short-term use of lenders money (average 6-12 months)
- Sense of security that money will be coming back soon
- Secure collateral position in marketable and liquid real estate
- Borrowers do the HARD WORK of finding the collateral
- Borrowers put THEIR MONEY into lender’s collateral
- Borrowers put THEIR TIME and LABOR into lender’s collateral
