The FIG Process
From Reservation to Income
(Step-by-Step Guide)
Talk to a FIG Professional to review your investment needs.
Select a development to invest in (examples).
Get approved with a lender and finalize lot + upgrades to determine the final price.
Complete a FIG Purchase Contract & Disclosure Signoff.
Day One: Deposit $10k to the title company.
Once Plat Records: Deposit the remainder of 10% of the purchase price to the title company.
(don’t worry, we’ll walk you through all of this)
FIG will give you a 30-day notice to close on your construction loan.
Once you close, the builder pulls your permit and begins construction asap.
Watch your email for monthly on-site video updates and finalize property management.Receive your final certificate of occupancy, finalize your long term loan, and let your investment roll!
Note from the team: We understand that many of you are first-time investors. We want you to know that we put extra effort into guiding you through each step of this process. If you ever have a question, let us know!
Recession-Resistant Investing
There's a reason why we keep coming back to the new construction fourplex as our go-to investment vehicle.
Comparing Asset Classes...
Single Family
Pros & Cons
- Most Liquid
- Smaller Barrier to entry
- 30-year Conventional Financing
- Tenant Leaves, you are 100% vacant
- Harder to Scale
The Fourplex
Best of Both Worlds
- Access to Conventional Loans
- Long-Term Equity
- Multiple Streams of Income
- Recession-Resistant
- Less Vacancy
5+ Units
Pros & Cons
- More Cashflow
- Commercial Financing (pro and a con)
- Lower average vacancy
- Balloon payments and yearly audits
- More maintenance