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How much money can I get?

The amount of ReachOption cash you are eligible for depends on the value of the property. The current investment guidelines are as follows:

Maximum amount is 20% of the current value of the property.

The aggregate outstanding debt on the property plus the ReachOption amount cannot exceed 80% of the current value of the property.

Minimum amount is $50,000

Examples
 
Original Purchase Price Original Mortgage Current Value ReachOption % of Current Value
Ex. 1: $1,000,000 $800,000 $2,000,000 $400,000 20%
Ex. 2: $1,000,000 $800,000 $1,200,000 $160,000 13%
Ex. 3: $1,000,000 $800,000 $1,100,000 $80,000 7%
Ex. 4: $1,000,000 $800,000 $900,000 $0 0%
Ex. 5: $1,000,000 $500,000 $1,000,000 $200,000 20%
 
 
 
 
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