Buy box: older, entry-level homes in working-class neighborhoods priced typically ≤ $30k–$50k (market dependent).
We don’t rehab. We price to move and sell as-is with affordable monthly payments (30-year schedule).
Two sides of the model:
Acquisition capital (5-year private notes): private lenders fund purchases and earn a fixed rate (commonly 12%, fully amortized over 60 months).
Disposition to end-buyers: home is resold on a 30-year installment contract / land contract with down payment and fixed monthly payment.
Why it works: cash in > cash out, wide spread between end-buyer payment and our 5-year lender payment, plus strong downside protection because we buy cheap and keep repairs off our plate.
We identify properties in our buy box through agents, wholesalers, direct-to-seller outreach, and auctions.
We run a quick numbers screen against our price-to-rent and payment benchmarks.
Our lending partners provide capital (typical structure below).
Lender is protected by a recorded first-lien (mortgage or deed of trust; state-specific).
Property is insured with hazard insurance naming lender as mortgagee/loss payee.
We resell as-is via installment land contract / contract for deed (or state-equivalent).
Buyer brings a down payment ($2k–$5k).
Buyer makes fixed monthly payments spread over 30 years; we can escrow taxes & insurance
We handle payment collection and lender disbursements. We manage escrows, track balances, and issue year-end statements.
If a buyer defaults, we follow the contract’s default remedies (state-specific), regain control, and resell.
Lender receives monthly payments
Our 5-year private note amortizes to $0; the asset keeps producing 30-year payments.
Private lenders who want predictable, fixed income backed by a real asset (first-lien, hazard-insured).
Investors/landlords who prefer owning notes over unclogging toilets (no tenants, no rehab, no midnight calls).
End buyers (owner-occupants or landlords) who want simple monthly payments and are comfortable with basic, as-is condition.
Disclosure: This information is for educational purposes only and is not legal, financial, or investment advice. RDestiny Real Estate Investing LLC is not your advisor unless agreed to in writing.
Please consult your own professional advisors before making financial decisions. Information shared is believed reliable but not guaranteed and may change. We may have referral relationships that provide compensation.
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