Are you unsure you'll have enough cashflow in retirement to live on? At Richie Legacy Homes we develop your retirement cashflow by establishing guardrails ensuring you earn double-digit returns consistently backed by real estate.
Richie Legacy Homes, LLC specializes in a real estate investment system that allows families that cannot qualify for traditional bank financing to become homeowners. The system also allows local investors with inability to qualify for a loan to purchase our homes for rehabbing and/or ownership as a landlord. We sell homes to buyers on owner financing with a small down payment on a 30-year fixed mortgage. Most importantly, our system allows improvement in neighborhoods we invest in and revitalizes local real estate markets. Joe Hurm is the key operator/managing partner at Richie Legacy Homes, LLC.
This system also allows our private money lenders to earn double digit returns on assets backed by real estate. We specialize in helping people with retirement account invest as private lenders in our system. Does not matter what type of retirement account you have, we can help you (we work with a number of custodian companies that specialize in helping you roll over your traditional retirement accounts in a self-directed IRA that meets your needs).
Once you are an approved private lender in our system, you'll enjoy monthly payments while we manage the entire process which includes:
• Locating deals in different markets.
• Underwriting/analyzing these deals.
• Putting right kind of deals under contract.
• Having our team inspect it (allowing us verifiable pictures and videos).
• Match our deal with a private lender.
• Close on the deal.
• Advertise the deal for a tenant-buyer.
• Have interested tenant-buyer inspect the property.
• Sign mortgage agreement with tenant-buyer and accept downpayment.
• Hand them the keys and begin accepting monthly mortgage payments.
• Manage payments from the tenant-buyers and sending payments to our private lenders.
• Manage tenant-buyer during their occupancy.
• Execute late notices and/or manage eviction if tenant-buyer becomes delinquent.
• In case of an eviction, find another tenant-buyer and repeat the process if necessary.
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