REO investments: What's new?

Housing markets are picking up a little, and lenders are liquidating more properties.
The occurrence of both of these phenomena serves us very well: More opportunities of course, and re-sales of repaired properties become more viable.

The projected ROIs are strong, mostly in the 30-50% range.
These returns are achieved with mortgage-secured investments that rarely exceed 60% of the after repair values. Truly amazing! This will not last forever, but for now we remain faced with what I believe are the best (high return/low risk) real estate investment opportunities of a lifetime!

Renting the properties out, followed by a quick refinance remains the preferred exit.
Rental markets are strong, and rents easily make after repair refinances possible.

Focus on 2,3,4, and now also 4+ family properties
Resale markets are still weak: Sales and mortgage processes take too long, and outcomes are always uncertain. It is for that reason that we remain focused on multi-family properties with strong rental income/refinance possibilities.

We continue to avoid 1-family properties
Rents are (relatively) low, reducing or eliminating refinance as an exit. In addition, there is the reliance on a single tenant, tenant-occupied is tougher to sell, and the wear and tear of the newly renovated 1-family property reduces market value. Developers focus on resale only, which can take too long. Our profit share may be pre-determined, and we charge interest, BUT we want to be paid out so we can make the next investment and earn another profit share!

Investment strategy
We maintain the current strategy: We do not invest as a (co-)owner, but as a mortgage-secured investor with an upfront agreed to profit share. We will take less profit, but we want our money back first + profit share + interest. Go here to review the investment strategy, here if you want to receive summaries of current investments, and here is you need a quote for project funding.