We buy houses in CO, CA and FL

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Frequently Asked Questions

Question 1: I just submitted a deal, what's next?

Once you submit an accepted address and the required details, our Acquisitions team will contact you within 24 hours—often sooner! They’ll either ask a few follow-up questions, suggest a 50/50 joint venture if margins are tight, or let you know the net price we can offer.

Question 2: I just submitted a buy price - what’s next? How does your process work??

Once you submit an address, our Acquisitions team will contact you within 24 hours—often sooner. They’ll either give you a buy price or ask for more info from our underwriter. If your contract is within $25k of our buy price (e.g., we suggest $230k, and you secure $255k), we’ll have a 72-hour exclusive option to handle the sale as a 50/50 joint venture. If you sell during this period, profits are still split 50/50. Make sure to check three boxes on the form to request a buy price and agree to these terms.

Question 3: What are the requirements for me to submit a buy price??

1. Agent or Seller Contact: You must have spoken directly with the agent or seller.

2. Run Your Own Comps: Provide your ARV (After Repair Value) and MAO (Maximum Allowable Offer). Don’t stress if your numbers aren’t perfect—this is part of the learning process.

3. Off-Market Deals:

- If ARV is under $1,000,000, your MAO must be within $50k of the asking price or higher unless you know they’ll accept a larger discount.

- If ARV is over $1,000,000, your MAO must be within $100k of the asking price or higher unless you know they’ll accept a discount of over $150k.

4. On-Market Deals:

- If ARV is under $1,000,000, know the seller's “bottom line” (not the list price), and your MAO must be within $50k of that bottom line or higher.

- If ARV is over $1,000,000, know the seller's “bottom line,” and your MAO must be within $150k of that bottom line or higher.

5. Exclusivity: If your offer is accepted, you must agree to give us 72 business hours of exclusivity and split profits 50/50 for the JV deal.

Question 4: Do you lend EMD?

We do not provide gator lending. However, if you'd like us to fund the EMD on a deal, we must first approve the contract price. If approved, we will proceed with a 60/40 JV (60% to us). Additionally, EzyRes LLC must be added to the PSA with the seller, and one of EzyRes’ authorized signers will need to sign the contract.

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