The ins and outs of bulk buying
Opportunities
Buying in bulk is a great investment opportunity. Buyers can enjoy substantial discounts, among a number of other benefits. Buying in bulk typically involves buying properties across multiple states, as well as multiple cities within a given state. Risk is spread through numerous properties; a loss an any one property is offset by gains on another.
There are many exit strategies to take after purchasing in bulk. The whole package can be re-sold to another investor, or broken into smaller packages and resold to multiple investors. The properties can also be rehabilitated and rented for monthly cash-flow, or sold to owner occupiers with long-term financing.
Considerations
Bulk buying is not without its challenges. Most bulk buying is done with very little due diligence, or none at all, and often no title insurance. It is also subject to outstanding tax and other liens (including utilities in some jurisdictions). Sometimes properties have outstanding housing code violations or are even condemned. Buyers of bulk REO must be ready and willing to deal with the complexities of selling and managing properties across several different locations.
Our Bulk REO Program
We offer our investors the opportunity to buy both small and large bulk REO packages. Our program can be customized to meet each individual investor's needs. We help institutional sellers, and other large inventory holders of REO notes, expose their non-performing assets to qualified buyers. After doing our own research on a package, we buy the bulk properties and present them to both regional and national buyers who are interested in creating their own customized package.
Buying in bulk is a great investment opportunity. Buyers can enjoy substantial discounts, among a number of other benefits. Buying in bulk typically involves buying properties across multiple states, as well as multiple cities within a given state. Risk is spread through numerous properties; a loss an any one property is offset by gains on another.
There are many exit strategies to take after purchasing in bulk. The whole package can be re-sold to another investor, or broken into smaller packages and resold to multiple investors. The properties can also be rehabilitated and rented for monthly cash-flow, or sold to owner occupiers with long-term financing.
Considerations
Bulk buying is not without its challenges. Most bulk buying is done with very little due diligence, or none at all, and often no title insurance. It is also subject to outstanding tax and other liens (including utilities in some jurisdictions). Sometimes properties have outstanding housing code violations or are even condemned. Buyers of bulk REO must be ready and willing to deal with the complexities of selling and managing properties across several different locations.
Our Bulk REO Program
We offer our investors the opportunity to buy both small and large bulk REO packages. Our program can be customized to meet each individual investor's needs. We help institutional sellers, and other large inventory holders of REO notes, expose their non-performing assets to qualified buyers. After doing our own research on a package, we buy the bulk properties and present them to both regional and national buyers who are interested in creating their own customized package.
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