Hi there, I currently own about 400+ units a mix of different pieces.
Looking to buy-out or even the playing field with a partner who tried to sell our property for the balance of the loan to himself and another guy. 9k/unit. After I found out last week he's offered it to me for the same price for a buy out.
We can acquire 21 SFR Performing Notes these are nationwide and have a BPO value of $2.6 mil we can purchase at 50cents of BPO $1.3 mil. These cash flow at around $23k monthly. Our exit strategy is to reduce the current homeowners principle to 90% market value the Refi them and cash out. Is this something you could do.
Scott Foy / Homeland Acquisitions (708) 692-7001