HOME OF THE GOLD FHP RENTAL
FHP Rentals Offer More Value
Ownership Value, Enhanced Value Renting & Share the Homes common Area's
FHP Basic comes with Ownership Rights & FHP Gold Offers Tenants Opportunity for No Cost Rent & Utilities
Types of FREI HOMES Offers
We Buy & Setup Homes, Multifamily, Apartments, Hotels & Motels into FREI HOMES rentals
Updated September 12th 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 70% 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 (88% of MAV) in the form of a P&I monthly payment or (B) (88% of MAV X 4% / 12 mo. = Monthly (Interest Only Payment) and we Take Over all property taxes, Insurance & repairs and maintenance of the property, converting it into what we call the Frei Homes Pro rental (FHP). The estimated Frei Homes rental P&I Payment is figured by multiplying 0.625% X the purchase price (MAV) for the estimated monthly payment. Interest only is figured as stated in explanation above.
or
3. We setup from beginning to end the FREI HOMES PRO rental for the owners/manager of the property.
The FHP rental will 2x-4x the current market rents & increase the value. The FHP rental has upfront cost to the current owner TBD. The homes enhanced value based on the new FREI NOI from the new Residents is one of many benefits of doing a FHP BASIC or GOLD rental conversion. An analysis is provided to the owners during the consultation process.
Fred Holmes - Manager
