I worked at a private real estate investment trust for a few months that focused on single family rentals. The market essentially opened up from homes foreclosing and institutional investors purchasing them in bulk. However, the REIT I worked for apparently did not purchase REO Homes. Why do you think this would be???
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Because there isn’t any for sale....all the bulk sale were gone in 2013, no more inventory from Fannie and Freddie.
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