Who Can Join?
This opportunity is open to US-based investors who have some experience with investing in real estate and have investment with Simply Do It in the past.
Your Benefits
- Be more passive – Simply Do It is handling the day to day.
- No financing and qualification – avoid the hassle of setting up a mortgage
- If you have many mortgages – that’s ok
- Lower investment amount
Funds Required
Approx $3.9MM is required for the purchase, closing costs, renovation costs, 8 months of holding costs and misc fee. The final amount will be determined based on the actual purchase price of the package, fees, and costs and may increase or decrease, some.
In case the seller will receive competing offers, we won’t increase our offer bid by much in order to try and compete but rather emphasis other aspects that are important to the seller such as closing sooner, or suggest ways to handle the current occupants.
Timeline
The time frame of this opportunity is 10 years holding or more.
Only if certain financial indicator materializes, we may consider selling properties earlier.
Investment Amounts
Minimum investment amount is $125,000