Owner Financing

Perez Investments offers a unique solution that allows buyers to buy when all traditional resources have failed them. How is this possible? Simple, we offer buyers a way to "partner" with us to move into a property and ultimately purchase it. Our ability to offer owner financing gives buyers the opportunity to realize the American dream of owning a home.

As a buyer, you may have been turned down for a traditional loan because your FICO score may not have been high enough, or because you may not have 10-20%+ for a down payment, or for a variety of other reasons. The bottom line is you can't get a traditional loan today. That doesn't mean you can't buy a home.

We offer our "partners" a modified version of what is known as an Equity Share. An Equity Share is an arrangement where one party controls/owns a property and creates an agreement with a second party who moves into the property. The first party (usually an investor) is responsible for obtaining the property. The second party (a future buyer) is responsible for making payment on the mortgage, taxes and insurance as well as maintaining and making repairs on the property.

What makes this beneficial to each party is that:

•  a buyer does not need to qualify for a mortgage and/or pay the 10-20% down payment required by traditional lenders

• a buyer is entitled to deduct all interest paid from their taxes as well as participate in 50% of the future appreciation of the property.

• because of this arrangement, and because the buyer has assumed the responsibilities of the homeowner, there is no need to obtain a loan as a purchase but simply refinance the loan into their name which is much easier to qualify for.

• The investor is entitled to 50% of the appreciation in exchange for his/her investment.

Our owner financing program offers buyers safety, tax benefits and the opportunity to participate in future gains if the property appreciates in value. This combination of benefits is unmatched amongst other methods used to transfer real estate using owner financing.

Lease Option

WE DO NOT USE LEASE OPTIONS!!! Why? We don't want the liability that comes along with it and we don't want to put you at risk either. With a lease option, you are at risk of losing your option money if:

• the owner is sued, does not make payments on the mortgage or has a lien placed on the property,

• the lender calls the loan due in 60 days which if the owner can not pay off will enable the lender to foreclose on the property and evict you again without your option money, and

• when your lease is up and its time to purchase the home, you have to obtain a loan as a buyer and provide the 10-20% down that the banks require as opposed to being able to simply refinance with no down payment using our method.

Furthermore a lease option:

• Will not allow you to deduct the interest paid from your taxes,

• will not allow you to benefit from the properties appreciation, and

• is illegal in the state of Texas and in certain cities of Ohio.

These are some of the reasons we do not involve ourselves, our clients and/or our partners in lease options. There is simply not enough protection and/or benefit for anyone involved.

If you are interested in partnering with us please complete the form below. All fields are required. Thank you.