REOreseller.com

Frequently Asked Questions


U.S. Foreclosure Boom Continues Unabated
  1. Is It Safe to Buy Real Estate Now?
  2. Can I Choose the House I Buy From You?
  3. What If the House I Buy From You Isn't in Sellable Condition?
  4. What If I'd Prefer to Rent Out the Property I Buy, Rather Than Sell It?
  5. This is Really A 100% Hands-Off Investment For Me?
  6. Can I Make the Income from my Investment Tax-Free?
  7. How Long Will It Take to Find a Resale Buyer for my Property?
  8. What if the Renter You Find Becomes a 'Problem Tenant'?
  9. How Many of Your Foreclosures Can I Buy?

If you buy at a smart price with a clear exit strategy, there's no better time.  Only a few times in our lifetimes have investors been able to buy homes at today's prices. 

No.  We buy pick-of-the-litter foreclosures, checking everything (and we mean everything) with our in-the-field buying crews, then purchasing the property for resale.  We don't hold particular properties for particular buyers, but we will swap your property for another if you're dissatisfied for any reason and you let us know in the first five days.  (See our sample properties.) 

It will be by the time we're done with it.  During our rehab process on the property, we'll paint walls, fix plumbing, swap appliances, manicure yards - anything and everything that is necessary to turn the property into a beautiful and desirable rental home.  And while we're doing that, we're rebating your purchase-price at 1% per month (that's $449 from us to you). 

Why would you?  Assuming that real estate prices stay mostly flat, with a renter in the property you'll see annual returns of about 12-15%.  By reselling the renter-occupied property to a long-term investor, you'll be earning 25% in that same year's time - or even more if it sells sooner.  We assume you'll like 25% better than 12-15%, so after it has sold, why not reinvest your returns and buy another? 

Yes.  From the time you make the investment to the time you receive your final profits after the property's resale, there is nothing for you to do but collect checks. 

Absolutely.  Make your purchase(s) through a 401(k) or IRA account and enjoy major tax advantages.  We will help you with all the necessary paperwork. 

We like to say it will take "up to a year" for us to rehab, rent out, and then re-sell each property.  But often times this can go quicker, and when it does, that means more profitability faster.  But remember:  We'll rebate your purchase-price $449 every month until the property is rented, so you're always making money, even while you're waiting. 

First, this is unlikely because we use top property management companies all across the nation to identify the best prospective renter candidates.  But if someone undesirable slips through the cracks, it won't be your problem because:
a) The property management company will handle everything related to the property - you just get checks, and
b) Once a renter has taken occupancy, you'll own the property for just a couple of months more until a resale buyer is found - so most likely you'll have made your profits and moved on before a bad-apple renter has had the time to cause trouble. 

The sky is the limit. 

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