If you have been considering working with an Ontario cash home buyer, you have probably wondered what they do with all the houses they purchase. We primarily look into 3 investment strategies when buying a single family house.
Fix and Flip
If we are buying a house ‘as is’, we will often consider renovating it and then reselling for a profit. We do this by working with private money lenders, joint venture partners, and local contractors who can help to refresh the house.
Buy and Hold – Rental
If a house is already in relatively good shape, we will consider keeping it for the long-term. We will look into the opportunity to convert the property to a cash flowing rental. Ideally, we want these properties to have a layout for a family or multiple tenants, and be in a safe, up and coming neighbourhood.
Assignment
After signing a purchase and sale agreement, we will speak to our partners about working with us on the deal, and what the investment strategy will be moving forward. In some cases, a partner of ours will offer to purchase 100% of our interest in the property at a premium and we will assign it to them during the closing period.
Do You Need An Ontario Cash House Buyer? I Can Help You…
My name is Michael Lee, and I’m a local real estate investor buying houses as is for cash. If you are in a situation where you would like to sell your house quickly, give our team a call at 1-800-610-6171, or click the button below to submit your contact information. We will call you within one business day to discuss your situation, and help provide a solution for you.