MidSouth Home Buyers Secondary Market

[John Laney]

Hello, I've been investing with Midsouth home buyers for a year + and really like how they do business.

Does anyone know of a secondary market for their homes? They have been doing business for 15+ years and I'm sure some of those early investors are ready to cash out and take their profits.

Thanks, john

[David Hutson]

Morning @John Laney and @Mark Nishiguchi,

Yes, there is a good market for Mid South Homebuyers homes for people who want their homes.  I currently have 12 homes of theirs with many bought from sellers who want to sell after owning them for a few years.  They often sell for a little less than the new price but the market here is a little unusual right now.  Prices have continued to go up and are fairly high right now but rents have been rising as well.  Some owners are pricing their homes to actually sell and there are some who are listing them at excessive pricing hoping someone will want their homes without the wait and pay a premium.  Most of those homes being sold now are either out of country investors trying to cash in on the appreciation or U.S. investors who want to get into bigger deals.  There have been a few that decided it's not for them.