Lease Purchase Program

Help us ‘Bring America Home’!

Please take the time to read as your investment can dramatically change someone’s life as well as your own!

Imagine earning safe returns on your hard earned money all while helping a family restore their life. It’s such a great feeling! Our Lease Purchase Program allows investors to purchase below market properties for families. In doing so, each property that is invested in receives monthly checks and a balloon payment at the end of the term once the family is prepared to purchase the home. Below is an explanation on how the Lease Purchase Program works in detail. With your help we can help change America one family at a time.

A Lease Option (or Lease Purchase)

The abbreviated form of the appropriate term lease with option to purchase. The contract is typically between two parties: the tenant, who will occupy a house or apartment, and the landlord, who owns the property. During the term of the lease option, the tenant pays rent to the landlord, and in exchange is permitted to occupy the property. At the end of the contract, the tenant has the option to purchase the property outright; the tenant would typically obtain the money to do this using a mortgage. In exchange for this option, the tenant pays extra money to the landlord, in excess of usual market rent.

How a typical program works is as follows:

  • Sales price of a home an investor purchases is $60,000
  • We move a family in paying rent at 900.00 a month due on the 1st
  • The family pays an extra 300.00 a month on the 15th towards purchase
  • Work with the family to establish there own loan, as now the family can work towards a refinance–a much easier loan to get
  • We set the purchase price at apprised value at time of close

Or

  • Sales price of a home an investor purchases is $60,000
  • We move a family in paying rent at 900.00 a month due on the 1st
  • We move forward and draw up contracts, marking a sales price, and deed the property over to the tenant
  • The tenant now is a homeowner, you the investor is the lender
  • The tenants amend their taxes to receive the $8,000 stimulus check
  • They surrender the stimulus check to the lender on the home, (The Investor), as down payment for the home, and begin to obtain their own loan as a refinance
  • The tenant must now move forward and purchase the home. If they receive stimulus money and they leave the home before three years, the government will come after them for repayment of the monies.

    • Step 2:

    Fill out the Investor Property Profile and Proof of Funds Letter and fax or email it back to Sound Life Property Management at properties@soundlifeeducation.com.

    A representative of Sound Life will contact with you with further details and information. You will now be on your way to the returns that you deserve!

    This is not an offer to sell securities. Any person, entity, or organization must first be qualified by the company and read all of the offering documents and attest to reading and fully understanding such documents. Sound Life Lending Source, LLC. and its affiliates are not licensed securities dealers or brokers and as such, do not hold themselves to be. This website should be construed as informational and not as an advertisement soliciting for any particular purpose. All securities herein discussed have not been registered or approved by any securities regulatory agency in accordance with the securities act of 1933 or any state securities laws.