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Updated over 13 years ago on . Most recent reply

Mike Morrison's profile image
Mike Morrison's profile image
Mike Morrison
  • Contractor
  • from Woodlands, Texas
  • Member since Sep 2, 2010
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Mike Morrison's profile image
Mike Morrison's profile image
Mike Morrison
  • Contractor
  • from Woodlands, Texas
  • Member since Sep 2, 2010
Connect
Mike Morrison
  • Contractor
  • Woodlands, TX
18
Votes |
95
Posts
General Landlording & Rental Properties

Can RE Investors Compete against Freddie Mac in the Rental Market?

Mike Morrison
  • Contractor
  • Woodlands, TX
Posted

I ran across a post this am on housingwire.com. Appears Green River Capital, a servicer for Freddie Mac, is launching a REO RENTAL PROGRAM for Freddie.
Folks at Zillow don't think this will bode well for RE Investors.
Another example of BAD Economic Policy from HUD.

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Don Hines's profile image
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Don Hines
  • Investor
  • from Little Rock, Arkansas
  • Member since Apr 15, 2010
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Don Hines's profile image
Don Hines's profile image
Don Hines
  • Investor
  • from Little Rock, Arkansas
  • Member since Apr 15, 2010
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Don Hines
  • Investor
  • Little Rock, AR
251
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628
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Don Hines
  • Investor
  • Little Rock, AR
Replied

Mitch
They could start a whole 'nother agency to hire someone to read the rental application to them. Another agency to inspect the repairs. And another to collect the late fees. Just think about how many jobs that would create!!
Don

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