Our Process
Canyon Advisors has created a unique, three prong approach to the traditional retail "flip" everyone is familiar with. First, a home is located through a myriad of different sources. Once it is secure, any needed restoration and rehab is performed before it is placed for sale on a lease-option basis. A tenant-buyer is found who provides a 3.5% down payment and moves into the home. Finally, we help repair the credit of the wage earners in the home so the family can secure a permanent mortgage and purchase the home outright. This process takes approximately 6-12 months, and a project is not taken on with less than $30,000 equity profit.
If you would like to learn more about partnership opportunities, please complete the inquiry form on the Contact page. One of our representatives will contact you and share how you can earn between 12%-50% on your investment capital in our Lease-Option program in either Phoenix, Dallas, or Memphis markets.
Minton Ave - Phoenix
This home was purchased subject-to the existing mortgage that was already in place with Compass Bank. The home was less than 12 months old at the time, and we were quickly able to resell it to a great family. This family provided a 3.5% down payment, per FHA requirements, and they are now in credit repair to raise their FICO scores high enough to secure a new loan and permanently purchase the home. Once the transaction is finalized, there is an approximate equity profit of $38,000.
Clover Ridge - Memphis
This home was purchased from another investor who was an out of state owner. The sellers had purchased when the market was at the bottom, and they were simply looking to cash out. Several upgrades were needed before reselling was a possibility, but once it hit the market, this 2000 ft2 property became the new home of a good family looking to rebuild their financial future. This home realized an equity profit of over $33,000.
Mullrany Dr - Dallas
Mullrany is a unique property. Canyon Advisors partnered with this owner who had moved out to get married and did not want to become a landlord, but also did not want to sell just yet. The home was marketed using a lease option strategy, and a new family soon moved in. This family provided the typical 3.5% down payment upon occupancy, and within 6 months had secured a mortgage to fully purchase the home. The $42,000 profit was split equally between Canyon Advisors and the home owner.