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All Forum Posts by: Terry B.

Terry B. has started 3 posts and replied 51 times.

Post: Big boys entering Residential Foreclosure market via Hedge funds (again)

Terry B.Posted
  • Real Estate Investor
  • Indianapolis, IN
  • Posts 54
  • Votes 9

AH4R is buying the majority of the homes in the Indy market. They have reps at every sheriff sale and are buying HUD's for stupid money (they bought a rehab from me for market value).

I don't see how flippers are going to compete with them if they stay long... going to have to find new avenues to generate properties.

I'm meeting with the their local rep sometime in the next few weeks and am going to try and figure out if they're going to be around long (hopefully not!)... will keep you posted if I find anything out.