Frequently Asked Questions

Q. When I complete my Registration, how do I receive the program information?

A. Once your registration transaction is completed you receive a Confirmation via Email, which provides you with your ID and Password to enter the secured area of the web site. Inside the secured area is the Series 2000 Program Procedural Manual, All Forms, Business Loans Program, Special Calculators, Archived Discussions and Current Discussion Board. The Series 4000 Program, Bank Resale Program and the 90% Buy Sell Program is sent to you via Email.

Q. I already own a real estate investor’s program and have even been to a workshop as well but I just can’t get it to work for me. What’s different about the Owner Finance Program?

A. This is not a surprise. The failure rate for new investors is extremely high. The reason is the majority of programs available on the market do not provide the answers to the roadblocks all investors’ face today. In fact most don’t even mention them! They are the "lender seasoning issue" and "financing for the deal".

The Owner Finance Program has been referred to as the "Turbo Charger" for all real estate programs in existence. It’s all about eliminating these major issues. To be a successful real estate investor you must eliminate the seasoning issue and have the financing mechanism in place to fund the entire flip transaction. Then and only then can you focus entirely on working with sellers and buyers and count on your profits being there. The Owner Finance Program is for the "real world" investor.

Q. Can you give me an example of a deal using the 90% Buy Sell Program?

A. You make an offer to a seller at 90% of the property appraisal value. The property appraises for $100,000. Your purchase price is then calculated to be $90,000. Using our copyrighted contracts the transaction is structured to completely avoid any lender seasoning issues. You then immediately use the Series 2000 Owner Finance Program to find a buyer. When the buyer is located you enter into contract with the buyer using our specific buyer contract. We then process the deal and schedule a closing. The funds for the purchase and resale of the property are provided to the closing agent. The profit spread of $10,000 is paid to you directly from the closing agent (attorney or title company that completes the closing). You keep 100% of the profit.

Q. How long does it take to close a flip transaction?

A. Once we receive a complete package to process, normally two to three weeks.

Q. Do I take on any risk in this type of a flip transaction?

A. No. First, you never close a deal in your name, which eliminates you from being responsible for any monthly payments, taxes or insurance on the property. Second, the worst case scenario would be that you enter into a contract with a seller and can’t find a buyer (which is very unlikely). If this occurs the contract expires with no harm to you. You’re completely protected on both sides of the transaction.

Q. Do I need to provide earnest money to the seller when they accept my offer?

A. No. The offer is an all cash at closing offer. When your buyer is located the seller will then receive earnest money but not from you. This contingency is provided for within the contract. Very rarely do any consultants ever have a problem with this. We also provide you with other ways to eliminate earnest money completely.

Q. Do I have to qualify at any time to use the financing from Owner Finance?

A. No, you never have to complete an application or provide financials of any kind. You’re free to enter into as many flip transaction as you want. The only exception to this is if you want to be the actual buyer and hold onto the property (which we do not recommend). In this case you would then have to qualify as the buyer.

Q. How do I qualify my potential buyers?

A. You will have the potential buyer complete an application and fax it to our office. The buyer will supply their recent credit report. If they don’t have one they will pay you $20 and you can pull it or we can. When the buyer is pre-approved, we fax you a Letter of Intent. You then enter into your sale contract.

Q. Can I use the Owner Finance Program to make money other than flipping property?

A. Yes. There are several other ways to make money with the Owner Finance Program. Our "Seller Direct" product allows you to consult with anyone selling a property. You dictate the commission amount. You can also make money rescuing investors that experience "seasoning issues". You can either charge them a commission or make yourself a partner to their deal. Without you they won’t close!

Another avenue to big money is our commercial loan division. You can provide commercial loans anywhere in the country.

Q. Can the program be used with buyers that have credit problems?

A. Yes. The Series 2000 Owner Finance Program works for buyers that have credit scores down to 560. This a true stated income, no documentation program that is unmatched anywhere. The Series 4000 Program works for buyers with credit scores down to 520. We have focused on credit challenged buyers for the past 10 years - quite successfully.

Q. I’m a Mortgage Broker. Can I use the 90% Buy Sell Program and also provide the financing?

A. Yes, absolutely. This puts you in a position to make money not only on the flip side of the deal but also on the financing side as well!

Q. I’m a Real Estate Agent. Does the program benefit me in any way?

A. Yes. You can show your listing how to sell using owner financing. The National Board of Realtors has stated that when a listing offers owner financing it increase buyer traffic by over 70%! If any of your listings are having a difficult time getting an offer, apply the "Seller Direct" Owner Finance Product.

Q. I’m an Investor. Do I need the Owner Finance Program.

A. Yes. As an Investor you need as many tools as possible to increase your profits. Also, if you haven’t run into the "lender seasoning issue" yet, don't hold your breath because you will. It may be on a deal you’re working now or the next one you’re thinking about. The Owner Finance Program eliminates this problem. How many deals have you lost or passed up because you didn’t know how to finance it? It eliminates the worry of "how am I going to finance this flip"?

It also helps you attract many buyers faster than you can possibly find them now. This allows you to work on a volume basis rather than trying to hit the "home runs", which are few and far between. Working on a volume basis eliminates the stress and emotional roller coaster ride associated with the "home run" deals.

If you have questions that are not addressed above or would like to speak to a "real person", just pick up the phone and give us a call. Best times to call are between 10:00 AM and 2:30 PM (eastern time). If we’re busy with other calls, please leave a message were you can be reached during the day and we’ll be sure to return your call as quickly as possible.

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