stock loan: SFD REOs - REO refis - Stock loan - REO X-collateral options - 10/19/12 05:55 AM
Single vs Multi-Family REOs
Apart from market forces, the value of single family homes is a typically not a function of rental value, but things like type, size, age, condition, layout & design, neighborhood, etc.
We invest mostly in 2,3,4 unit properties because the values are mostly a function of cash flow. In a soft resale market (and strong rental market), the risks are lowest, profit margins the best, profit erosion less likely, and losses very unlikely.
Now that the resale market is firming up we have renewed interest in single family dwellings, preferably SFDs that need small rehab, cosmetic work … (0 comments)