Single Family Rental REIT NOT Purchasing REO Homes
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???
Because there isn’t any for sale....all the bulk sale were gone in 2013, no more inventory from Fannie and Freddie.
Quia pariatur id aut necessitatibus quos. Molestias rerum est et molestiae. Dolor quos est sunt culpa laudantium. Voluptates sequi sapiente qui autem facere nobis temporibus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...