NH Big Inc.
NO Viewing the Inside of Properties - until you have followed our Investors Requirements & Steps below.
Lease-To-Own - more information. In just 2 years or less you will be paying half as much per month to own your home rather than rent.
STOP RENTING and START OWNING ! When you join our team we will help you cut your monthly housing payments in half, because your success is our success. Once you are on our team you are just as important as any of our Investors because without you their investments are dead, doing nothing. We buy and sell homes all over the US helping Tenants learn how to become Property Owners paying about half as much per month and getting Tax Benefits which mean higher Tax Returns at the end of each year plus all the savings that comes from paying half the amount to rent. That will easily pay for any repairs and we make sure the majority of repairs are fixed before you move in. You are left with minor repairs that all homeowners have. Your Lease-To-Own Deposit is all you should need to purchase. If it ends up that you have paid more than you need, any remaining overpayment is returned to you at the close of escrow once you purchase. Bad Credit is no problem because if it's so bad you can't qualify in a year or two we will find that out and not let you sign up. We will only pick you if you have a real possibility of getting qualified in 1 year or 2 years max. We know what it takes to make us all successful and we only play this game to WIN !
Requirements - Your income or your combined income with another adult must be 3 times the Rent - example $500 Rent x 3 = $1,500 income per month - bad credit is fine but no recent bankruptcy - no major debt - must be living in the area for at least 1 year and working at the same job for at least 1 year. Tenants are responsible for all repairs and all utilities just like all homeowners do and this helps get you ready. Repairs should be minor as most major repairs have already been completed. Our Investors are responsible for all Taxes and Insurance until the Tenants purchase the home and you are not required to purchase, it's just a very good option for you. Our Investors are required to sell to you if you want to purchase. We also price our Lease-To-Own Rentals very close to Standard Rentals and sometimes even lower if our Investor really wants to sell and move their investments to other homes. That means if you decide not to purchase it's not much different than walking away from a Standard Rental which people do everyday.
Step # 1 - Free Soft Credit Check - is done by our Credit Repair Mortgage Broker – Gary McNeal – 937-284-0356 cell – www.mrgloan.com – please call or text me first, Dan Ringwald 805-680-2440 cell, so I can do a Group Text with you, Gary, and me. I will tell Gary you want a Soft Credit Check. The Group Text will help me track the progress and speed it up if needed. Gary will gather a little information and text or email you and me YES or NO on the possibility of fixing your credit in 2 years or less and he will not pass all the details of your information to me. You can call or text Gary any time.
Soft vs Hard Credit Check - will not affect or lower your credit like a Hard Credit check and it's FREE. If you are afraid of giving away some private information on the phone or online then do your research on who you are giving it to first just like you should if you meet someone in the office of a property management company, which most people do without checking. You can skip this step if you want but you will not see the inside of any of our homes until you do. If that is a problem then you need to look for some other home to rent with some other company. The reason we start you here is to streamline and speed up the process without charging fees for this and not charging fees for rental applications. Bad credit is fine if we see you have the potential to get it fixed in 2 years or less. If your credit cannot be fixed in 2 years or less, you unfortunately have a credit rating below what our investor are willing to accept and we cannot accept you for our program. If your credit cannot be fixed in 2 years or less there is NO need to view the house or fill out anything else. You would just be wasting your time and our time on any other steps below.
Gary McNeal will review the “Financial Five” – credit, debt to income ratios, liquid assets (reserves), cash flow (residual income) and job and residency history. His action plan to clients addresses these five issues plus public records (bk,foreclosures, short sale ). MAP…mortgage assurance program.. developed by Gary…is a buyer financial evaluation, instruction, monitoring and reporting system to prepare and ensure buyers will become qualified for traditional financing in a specific time frame and for us that is 2 years. If you have no possibility of fixing your credit in 2 years our investors will not accept you. You can continue to work with Gary to fix your credit so you can eventually qualify to purchase a home and it will help secure your financial future.
Step # 2 - Free Rental Application - If you pass Step # 1 you must now take the time to fill our our FREE Rental Application. We only do Lease-To-Own, not a Standard Rentals. Our Steps will be a little different from a Standard Rental but we have priced our Lease-To-Own Rentals like Standard Rentals so if you decide at any time during the 1 or 2 years not to purchase you don't have to purchase and it will be very much the same as walking away from a Standard Rental getting nothing which people do every day. If you have never owned a home this process will be very helpful for making it happen. Once you finally purchase and look back you will be happy you did. Before viewing the house you must fill out our Free online Rental Application here at this site. No need to print or email just submit when complete. If you need combined income we will need a separate Rental Application for each person. Using your cell phone to take pictures - you must text a copy of your driver license and text a copy of your proof of income from your most recent pay stub showing your company name, your name, and the amount of your income. Our investors do want tenants that are interested in purchasing and if you are not a good match for our investors house we don't want to waste your time showing you the house. At this point we are not doing in depth Tenant Screening and although we do need to know if go by other names or didn't properly fill out our Rental Application.
Step # 3 - Drive By House - After filling out our Free Rental Application if our investors feel you might be a good match, we will contact you and request that you drive by the house and neighborhood and take a picture of the front of the house and text that to us. There is no lock box and some properties have security system that will have the police show up in a few minutes so please don't go on the property. Our investors require that you drive by the house for a couple of reasons. Some people, on some rentals, don't drive by and when they view the house they say the house is fine but the school district will not work for their kids or they don't like the neighborhood. That was a wasted viewing that could have been solved by just driving by the house. Our investors are charged about $50 for each viewing. We do not charge you for viewing. Please drive by and take a picture of the front of the house and text that to us so I can show the investor you did drive by. This also shows our investors that you are able to text pictures because that will be needed when things come up about the house.
Step # 4 - View Inside of Home - After you have completed your Soft Credit Check, filled out our Rental Application, and you viewed the outside of the house and text us a picture of the front of the house, we schedule up the viewing of the inside of the house.
Step # 5 - Tenant Screening - This is FREE as well thanks to www.CreditKarma.com which is free and you must sign up and text us your login and password so we can see what credit help you need, what you will be working on, and we can all track the progress to help get you qualified to purchase. You will also be required to email or text us two months of bank statements and your most recent pay stub from where you work for proof of employment. After viewing the inside of the house if you decide you want the house our investors require we do the usual Tenant Screening which checks for Credit, Evictions, Criminal History, and all the usual tenant background information and that is all free too. Although Bad Credit will not stop you from qualifying, if your credit is lower than another applicant it will be a consideration for our investors decision. The amount you put down on the Lease-To-Own Fees will be a consideration as well so putting down more than the minimum helps get you in and helps you each month because you will pay less each month on any remaining Lease-To-Own Fee which is divided up over 1 to 2 years and paid monthly plus your Rent. The more you put down the better chance you will get the home.
Step # 6 - Review the Rental Lease Agreement and Lease-To-Own Agreement - once you feel no changes need to be made on our agreements you will meet with our Attorney, Property Manager, or Contractor to sign the agreements. They will then scan and email us a copy.
Step # 7 - Move In Amount - You will need the Full Minimum Move In Amount per our signed Agreements which is the 1st Month's Rent and your Minimum Partial Lease-To-Own Deposit. This can be paid cash to our account at any Wells Fargo Bank or Credit Card through our same website here or Wire Transfer from your bank to ours. As with any rental once we receive your funds you get the keys and move in. We will sign, scan, and email you and our Attorney signed copies of all Agreements which you will need for putting all utilities in your name.
Step # 8 - Loan Qualification - You start working over the next 1or 2 years with our Credit Repair / Mortgage Broker so you get qualified and purchase. If you fail to make the effort and do not work with our Credit Repair / Mortgage Broker during the 1 to 2 years you will not get qualified to purchase. Our investor will either give you a 30 day notice to move out or they might offer you to sign up for another year with more deposit needed and possibly a higher price on the house. We don't want that to happen so you need to be proactive during the 1 to 2 years so you do get qualified to purchase. After purchase your monthly payments are cut in half depending on your credit and your monthly payments will stay fixed at that amount for the next 30 years. After purchase it's now your Home !!! Of course if you ever want to move you can sell the house or turn it over to property managers to rent it out for you. We can help you get a Lease-To-Own buyer so you will not need property managers and you can sell it in one year. There are lots for options and we are here to help you with all of them.
See the links below for more information on NH Big Inc. and Dan Ringwald, and the companies he runs to make this all possible.
Dan Ringwald 805-680-2440 cell - call or text me anytime with any questions, pictures, or documents