Price Overview 

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1. What is the JSTON Homes "Repair-to-Own" program? This program is a unique pathway to homeownership or real estate investment. It allows you to purchase distressed properties at significantly below market value, repair them, and capture the equity immediately.

 

2. Who is this program designed for? The program is tailored for two main groups:

• Homebuyers: Individuals looking to own a home without dealing with traditional bank approvals.

• Investors: Contractors or "Buy & Hold" investors looking for fix-and-flip opportunities or rental portfolio growth.

 

3. Do I need a bank loan to participate? No. One of the key benefits of our program is "No Banks." We provide the financing structure directly, removing the need for third-party mortgage lenders.

 

4. Will you check my credit score? No. We do not perform credit checks. Your credit history, whether good or bad, is not a factor in your eligibility to purchase a home through us.

 

5. Is income verification required? No. We do not require income verification (pay stubs, tax returns, etc.). We focus on the asset and your ability to improve it, rather than your employment history.

 

6. How long does the closing process take? Because we bypass traditional banking red tape, we can close very quickly—typically in as little as 7 days.

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Pricing & Purchase Details

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7. How is the purchase price determined? Pricing is simplified and standardized by the number of bedrooms, regardless of the specific property features:

• 1 Bedroom: $49,000

• 2 Bedrooms: $59,000

• 3 Bedrooms: $69,000

• 4+ Bedrooms: $79,000

 

8. Are these homes sold at market value? No. Our homes are sold at 40-60% below market value. This pricing strategy is designed to leave room for renovation costs and profit/equity for the buyer.

 

9. What is "Instant Equity"? "Instant Equity" is the difference between what you pay for the property and what it is worth immediately after repairs. Because you are buying at a discount, you enter the deal with roughly 50% equity from Day 1.

 

10. What is the "Repaired Value" listed in the guide? This is the estimated market value of the home after you have completed the necessary renovations.

• Example: A 3-Bedroom purchased for $69k has a projected Repaired Value of $130k.

 

11. Does the purchase price change if the house needs more repairs? No. The purchase prices listed ($49k - $79k) are fixed based on the bedroom count, allowing you to budget your renovation costs accordingly.

 

 

Monthly Payments & Expenses

 

12. What is included in my monthly payment? Your total monthly payment is bundled to include:

• The Loan Payment

• Estimated Property Taxes

• Sewer Lateral Fee

 

13. What is the base loan payment for a 2-Bedroom home? The loan payment for a 2-bedroom home is $650/month (excluding taxes and sewer fees).

 

14. How much should I budget for Property Taxes?  Property Taxes and Sewer are included in the monthly payment and paid by seller.

 

15. What is the "Sewer Lateral" fee? This is a standard municipal fee often associated with the maintenance of the sewer line connecting the home to the main system. We include a flat estimated fee of $50/month for this in your payment structure.

 

16. What is the total estimated monthly cost for the largest (4+ Bed) home? For a 4+ Bedroom home, the estimated total is: $850 (Loan) + $150 (Taxes) + $50 (Sewer) = $1,050/month.

 

 

Investment & Profit Potential

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17. Can I rent the property out after I buy it? Yes. This program is excellent for "Buy & Hold" investors. You can renovate the property and rent it out for passive income.

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18. What kind of rental cash flow can I expect? Based on market rent projections, investors can see significant monthly cash flow:

• 1 Bed: ~$350/mo

• 2 Bed: ~$500/mo

• 3 Bed: ~$700/mo

• 4+ Bed: ~$1,000/mo

 

19. What are the current Market Rents used for these projections? We estimate conservative market rents to be:

• 1 Bed: $1,000

• 2 Bed: $1,200

• 3 Bed: $1,500

• 4+ Bed: $1,700

 

20. Can I "Fix and Flip" these properties? Absolutely. The "Repair-to-FLIP" model is a core part of our offering. With an equity spread of $40k–$90k depending on the unit size, there is significant margin for contractors to renovate and resell for profit.

 

21. How much equity do I gain on a 3-Bedroom home? On a 3-bedroom unit purchased for $69,000 with a repaired value of $130,000, the projected equity position is $60,000 (approx. 50%).

 

22. Is this program suitable for first-time homeowners? Yes. The "Repair-to-OWN" path allows first-time buyers to enter the housing market at a much lower price point than a turnkey home, provided they are willing to manage the renovations.