HOME OF THE FHP RENTAL PROGRAM
Like Rent to Own and More...
Ownership Rights, Rent the Room & Share the Homes common area's
Rent a Large Resort Style Home
The FREI HOMES rental
We Buy & Setup Homes, Multifamily, Apartments, Hotels & Motels into FREI HOMES rentals
Updated August 4th 2022
FREI HOMES LLC real estate offerings: *all LTVs are subject to change daily and are only a guideline.
We will analyze the information about the homes Mutually Agreed Value (MAV) and the current market rents and then make 4 offers which are items 1, 2A & 2B, 3 below as examples.
1. An all-cash offer 65% of market value which comes with a quick closing of your choice.
This is a fast and efficient process.
or
2. (A) The Frei Homes rental program (75% of MAV) in the form of a P&I monthly payment or (B) (85% of MAV X 4% / 12 mo. = Monthly (Interest Only Payment) and we Take Over all property taxes, Insurance & repairs and maintenance of the property and converting it into what we call the Frei Homes rental. The estimated Frei Homes rental P&I Payment is figured by multiplying 0.60% X the purchase price for the estimated monthly payment. Interest only is figured as stated in explanation above.
or
3. Setup from beginning to end for FREI HOMES rental for the owners/manager of the property.
The FHP rental will 2x-4x the current market rents & Investment to restructure to a FHP rental has no upfront cost to the current owner and is 9.5% of the homes enhanced value based on the new FREI NOI from the new Residents. There is no upfront cost to the current owners and a free analysis is provided to the owners during the consultation process.
Fred Holmes - Manager