Are you ready to build your new home, but not ready to move-in today due to your current circumstances? That’s perfect! With our model leaseback program, we can design & build your home now and then we’ll pay you a monthly lease to use it as a model home (typically for 6 months or longer).
Here are 5 benefits of building a model home and leasing it back to us:
- Take advantage of today’s low interest rates and construction costs.
An increase in interest rates and construction costs will impact your monthly mortgage payment and buying power. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.
- Profit from appreciation
According to a recent home price expectation survey, appreciation in home values is projected to be between 15.1% and 32.8% over the next five years. By the time you move into your home, you most likely will experience appreciation and added value to your investment.
- Tax advantages
There are tax benefits since the mortgage interest is deductible on your income taxes if you itemize. You can deduct the interest up to one million dollars of home mortgage debt, whether it is used to purchase a first or a second home.
- Generate income before you move
With monthly lease payments from the builder, you’ll have the benefit of cash flow and monthly income before you move in. Builders make great tenants. We’ll maintain the home in top condition and pay all of the utilities while we occupy it.
- Designer details
A model home is often located on a premium homesite and LOADED with designer details. Take advantage of the builder’s willingness to include these designer details and at the end of the leaseback they will be yours!
To discuss the investment opportunities available with JM Designer Properties, please call 843.422.0432.