Archive | April 6, 2017

Another Tool For Arizona Investment Property Buyers Seller Financing!

In a housing market where credit is harder to come by, Arizona investment property buyers need to find creative ways to purchase real estate. Seller financing is tool that can be used, but is it right for your investment strategy? It is important to analyze each investment to discover what tool makes sense and what has the best return potential.

Some of the advantages of seller financing to Arizona investment property buyers includes quick closing times, flexible credit qualifications, and minimal capital needed. In most cases you are dealing directly with the seller, so it does not take much time to close on a transaction. No more waiting months to close on a short sale or REO property. Flexible credit qualifications are typical, since this is a more non-traditional type of financing. Many investors may not have what it takes on paper to get a traditional mortgage; self-employed, tax deductions, business assets, etc. The credit flexibility of seller financing is definitely a benefit. The minimal down payment needed can also free up an investors capital, so that they can diversify their portfolio by purchasing multiple properties. This can be very important, especially in a depressed real estate market. Seller Financing

Arizona investment property buyers can benefit from seller financing.

Not only are there advantages for the buyer, but there are also benefits to the seller. Some of these benefits include an additional option to differentiate themselves from other sellers, cash flow opportunity, and the ability to sell the note to another investor. In troubled real estate markets, sellers can advertise seller financing as an additional option in an effort to stand out to buyers and sell their property more quickly. Also, holding the note can create a cash flow opportunity, as the seller would be getting monthly payments based on the terms of the note. This could provide a good rate of return with minimal risk. If the buyer defaults on the note, the seller would have the ability to foreclose on the property. There is also a market to sell a seller financed note. Investors are purchasing these notes, which could provide another benefit to the seller.

Lets look at the example below on how an investor could use seller financing to purchase Arizona investment property.

Single family residence in Phoenix, Arizona listed for $100,000. The seller is willing to carry a note on the property at 7% (5 year balloon with payments amortized over 30 years), as long as the buyer comes in with 10% down payment.

Seller Financed Note

Loan Amount $90,000

Interest Rate 7%

Monthly Payment $598.77

Down Payment $10,000

Investors Potential ROI

Monthly Rental Income $1,100/mo ($11,000/yr, assuming a 2 month vacancy)

Property Tax $100/mo ($1,200/yr)

Homeowners Insurance $50/mo ($600/yr)

Property Management Fee $95/mo (assuming a 10% fee)

Lifestyle can be the harbinger of pleasures beyond one’s belief

A good lifestyle enlightens the mind and the spirit of a human being. However, it also provides an immense capability of venturing across the borders of fantasy and pleasure.

The world today perceives the word lifestyle as a euphemistic connotation to the concept of swinging. This is due to the presence of lifestyle resorts that provide the reality of swinging in the form of clothing optional vacations and cruises.

Swinging is one of the reality in the present world with the global mindset now being quite receptive to the concept of swinging. The days when this term was a taboo one, are long gone. Lifestyle resorts have been responsible for this change by bringing out new vacation offers and ideas (all of which are centred on the activity of sensual experimentation).

However, there are also lifestyle oriented resorts that are family oriented and, therefore, seek to provide that good old family vacation but aided with all the modern and, therefore, luxurious amenities of life.

This duality has worked wonders and, therefore, both the types are receiving visitors in phenomenal numbers. The features that are given by lifestyle resorts that aim to take couples back to that colour garden being coined as Eden are based on this very aspect.

Hence, there are many themes that are laced into the otherwise stereotypical facilities. Every facility is, therefore, well known but also different and unknown at the same time. A good example would be a beach party.

All the conventional resorts offer beach parties with lots of food, drink and music. However, the difference (in the features given by the former type of lifestyle resorts) is visible in those dancing naked bodies which are vested with enthusiastic and laughing faces. All these happen in starlit nights which make the atmosphere all the more sensuous.

Lifestyle is, therefore, given multiple perceptions all over the world in the form of sensuous and lavish resorts, different mindsets and also different modes and styles of living.

It would have be quite a pleasant surprise for Mr. Alfred Alder, the Austrian psychologist, upon finding the ways and means in which his coined word has been perceived.

The world is home to many wonderful and funny things but all of them are nevertheless the harbourers of the much needed element called happiness. Lifestyle resorts are one of those things and are, therefore, doing quite a good deed by bringing smiles on many faces.