Let Us Buy Your Home!
Houses In Any Condition!
Let us make a fair offer on your home and we can take the weight of the world off your shoulders. Contact us right away and get a cash offer tailored to your unique situation.
The Toeshe Group, LLC is one of Arizona’s most committed home buyers and can work around your goals to sell on your terms. Because we are a cash buyer we can do quick closes to get your home sold. Whether you are looking to sell your home quick or just get a feel for the market, our team has the expertise you need to fetch the best cash price possible in your area.
We would love to earn your business with our service and you won’t have to pay us anything up front, or along the way. We only get paid when we procure an offer that’s acceptable to you and it closes. We all win together.
Send My Free Buyer's Guide
We Search, We Negotiate, You Benefit!
Let us do the work for you. We can find the perfect home for you, and take you from start to finish in the home buying process. Get in touch with us now and we will give you access to our exclusive HOT buyer’s Guide.
The Toeshe Group, LLC specializes in finding incredible bargain priced properties at well below market value in your area. We then work hard to represent you, the home buyer, to ensure that the price and terms are exactly what you are looking for. Whether you are a first time home buyer, a novice, or a Real Estate investor looking for new investment properties, our collaborative vast experience in all types of Real Estate will make navigating the home buying process as stress free as possible. We work with an exclusive network of home sellers that have a diverse offering of houses including new homes, foreclosures, short sales, fixer uppers, rental properties, and much more. No matter what type of house you are looking for we can find it, and manage all aspects of the home buying process providing you:
Access to our exclusive, massive home sellers list across the nation. Information on how to negotiate the multitude of funding options available in today’s post Housing Crisis market All of the Real Estate values, taxes, utility and maintenance costs, municipal services, and facilities for your area of interest Access to our network of qualified professional contacts including appraisers, home inspectors, mortgage lenders, contractors, and insurance agents. Detailed area information including school districts, attractions, and much more.
The Greater Phoenix Area is home to many diverse types of Real Estate. No matter what type of property you are looking for, Phoenix has it all, from farm life, to suburban living, to refined elegance, and much more. Plus some incredible attractions year around to keep your free time occupied. Check out some of these great resources below.
About Private Lending
Buying and Selling
When we have isolated a home that is well under market value we give our private lenders an opportunity to fund the purchase and rehab of the home. And earn high interest rates that are double or triple the rates you can get on bank CDs and other Traditional Investment Plans.
On a new home purchase that requires renovations the cost will be allocated to, purchase price, renovations, carrying costs, cost to resell, and small buffer for unexpected expenses.
There are many reasons but the main one is time and negotiation leverage. Many of the homes we are purchasing are in need of quick sale within 10-14 days. A traditional bank requires 30-45 days to close a loan. Also, our leverage is far greater when we purchase using cash funds. Many traditional home sales fall out of contract because of financing issues. This allows us to negotiate a much lower purchase price and reduce our risk.
Lending guidelines are also continually changing are require applications, approvals, junk fees, and strict investor guidelines. They also limit the number of investment properties that can be purchased by one company.
We make our money on the purchase. Yes we pay very high returns but it allows us to purchase 20-30% below a retail purchaser. That instantly creates thousands of dollars in equity at purchase. Also, we cut out the middlemen in a typical transaction such as, commissions, mortgage broker fees, loan fees, and our attorney costs are lower because there is less work for them to review.
We also employ marketing strategies as soon as we purchase the home. Typical realtors donâ€™t start this process until itâ€™s too late. Often times we are able to find our own buyers allowing us to secure a strong sales price and save on sales commissions. Our renovation process is also down to a science with crews that know we are not retail clients. We pay wholesale prices to all contractors and typically get bulk discounts on all materials.
We are buying so conservative and under valued that we are able to offer our buyers a fully renovated home at or below everything else in the neighborhood. We walk away from 100â€™s of â€œCloseâ€ deals and wonâ€™t buy unless it makes sense for everyone involved.
Absolutely. With your cash funding we can offer something very few buyers can. We are buying on their time-line in as little as 14 days. Knowing we are going to renovate the home we are buying As Is, which is very important to sellers that live in older outdated homes. They will not have to pay any junk fees either, IE attorney fees, closing costs, home warranties, inspection fees, Realtor commissions etc. We are not the perfect fit for everyone but for the right seller these features are a necessity.
Despite what the media says there are tons of buyers out there. The challenge is getting them qualified for a loan or coming up with down payment money. We have taken the time to learn about the free grant money that is offered in our area. Often times we can get a buyer up to 10k in free down payment assistance. In addition there are other programs we can look into for the credit challenged. These clients stay loyal to us and typically purchase our homes.
You bet. This is one of our biggest strategies to find home buyers. Rent rates continue to increase and renters see the value in home ownership. We teach renters how much money they can save by owning a home and how important it is to their future financial freedom.
This is a great question and valid concern. However, our strategy is not to speculate 3 years down the road. Our goal is to purchase quick and sell even faster. Most of our projects are complete in 1-2 months and will be sold in 4-5 months. The market doesnâ€™t tend to shift that dramatically in the matter of months itâ€™s typically a longer process for an area to decline. Remember weâ€™re buying in strategic areas where inventory is already low and demand high to greater minimize our risk.
We currently pay 4-5 times what a typical bank CD is paying. Our rates will fluctuate very little all depending on the purchase price and rehab involved. Most of our lenders are paid from 8-12%. The lower the purchase price we pay, a little higher the rate is to make sure our lenders make it worth their time.
The majority of our loans are set up on an 8-12 month note. It depends on the size of the project. If we are doing a tear down and rebuild we are going to have to wait on the county inspectors for a lot of approvals thus causing delays. We account for all of those details upfront and will give you estimated time frame for the return on your investment.
If your goal is to be completely passive and keep your money at work for several years we have other great opportunities. Occasionally we will buy rental homes using private equity funding on a 10-15 year note. The other option is we can talk about funding a small business loan and we can supply you with a junior lean on one of our current inventory rental properties.
We guarantee your interest for as long as we own the property. If we sell in five years for example you will have earned 5 years of interest. There will not be a pre-payment penalty. We retain this right for both of our protection. Real Estate is something that changes frequently if we see another real estate boom occurring and pricing rapidly increasing, and then it is in our best interest to sell and realize a large profit.
It’s extremely important to us that we do not waste your time. This does occur occasionally where the stars line up and we find a buyer immediately. In this scenario we provide you with two options we can either move the note to another property or pay you a minimum of 3 months interest. Most investors see the strength of our purchase ability at that point and simply move the note to another property.
Typically we pay one large lump sum at closing on a short-term note. This is much easier to manage for both of us, especially if we are working out of a retirement account. On a longer note we will pay monthly just like a typical mortgage.
We prefer to borrow at least $50,000 when working with our private lenders. However, we have gone below that amount in the past to get you comfortable with us and us with you. This will show you how simple the process is to prepare you for the next one.
No. There is no government backed guarantee on these privately held real estate notes. You’re deriving protection from the equity in the real estate. If at any time we were to default on the note you have legal rights to take the home (essentially foreclose on us). Many investors laugh about this one and say, I hope you’re a day behind on payments I would gladly take this one off your hands. You have to remember we plan for the worse and our homes have thousands of dollars of equity in them and worse case scenario often times is we don’t make as much as we hoped for.
These are established tax guidelines and it is completely legal. However, we always recommend the services of a custodian to invest retirement funds tax deferred or tax-free. We have been pleased working with Kaffer and Davis law firm, and there are others like Kaffer & Davis. Our attorney’s or accountants will be glad to answer questions about this or help get you setup right.
In the unlikely scenario this happened we would simply transfer ownership of the property to you if possible. If we did not (or could not) then you have all the legal rights of a secured lender. The best way to legally protect your interest in case of a default would be to hire an attorney. They normally would seek to get your investment back, any unpaid interest, any collection costs, all your attorney fees and maybe even more. A legal representative could advise you if it makes sense to foreclosure or seek ownership of the property to protect or recoup your investment.
If we haven’t already it’s important to sit down and discuss all these details in person. We will need a clear definition of what your goals are, for example, long term investment or short term, and the amount you are comfortable initially investing. At that point we will present you with any current opportunities that fit that criteria or contact you as soon as we have one that fits.
Word of mouth is typically how we are able to work with private lenders like you. We do offer a $1,000 referral fee if you refer someone to us and they become a lender. In our business it’s important we find a steady stream of lenders. Many times once you have done a few deals with us and learn how we are purchasing so low, you will want to attempt to do it on your own. If that’s your goal we are happy to help you any way we can.
What is private lending?
What is the money used for?
Why don't you get a traditional loan?
How can you afford to pay such high returns?
Are you really helping sellers?
How are you able to attract good buyers?
Do you help renters purchase?
What if the market gets worse and the values go down?
What interest rate do you typically pay private lenders?
How long before I see my money again?
What if I want a longer note?
Do you guarantee my interest for 10 years if I get into a 10-year note?
What if I'm on a short-term note and the home sells in only 1 month?
When will I receive payments
What's your minimum investment?
Is there a Guarantee on your investment?
Is this IRS approved to use retirement accounts in this manner?
If you default on the loan how do I acquire the property?
I'm excited, what's the next step?
I know someone that would be a perfect fit, can I refer someone?
We collect buyer and seller through industry networking events. We collect valid buyers and sellers, and we also get placed on buyer and seller lists so that we are a resource for investors needing to sell or purchase.
Not directly, but working with us as a buyer, seller or investor we use the list to match your opportunity to the right buyer, seller or investor in our list. Therefore, indirectly, you have access to the list.
Closing the Deal
Every deal is different of course, but we strive to close deals within days of offers. We have access to lenders who are ready to provide financing quickly, sometimes within hours, in order to get a deal closed.
How do you find your buyers and sellers?
Do we have access to your buyer and seller list?
How long does it take to close a deal?
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