2016 Acquisition Opportunities

opportunity-2014Rental Property Acquisition Opportunities Abound for Q3 2016

Contrary to the impression the media has been painting of an incredibly tight real estate market with little inventory to choose from, a variety of states are putting more homes on the auction block, with billions of dollars in REOs still in the pipeline. We are offering rental investment loans faster than ever.

The U.S. housing market is shaping up, and strengthening, but for those eager to bulk up their portfolios with additional rental properties there are plenty of options, with attractive discounts. Our blanket loan program is full of options for the investor.

Hundreds of Homes Coming to the Auction Block

Detroit recently announced hundreds of homes being lined up for auction from as little as $1,000 each.

One of the newest comers to the mix is New York. The State is finally closing on its first rounds of acquisitions of Sandy area properties, hundreds of which are planned to be auctioned to investors for remodeling and re-building.

Even sizzling hot San Diego County, California which has reported one of the strongest property markets, and which he media has pointed to as one of the tightest for housing inventory could be lined up to offer thousands of homes. RealtyTrac reports the county still offers sizable foreclosure savings in excess of 22%, with the discount widening in favor of investors by double digits in 2016. UT San Diego reports more than 37,000 homeowners owe over $88M in back property taxes which could put them on the foreclosure train, if they aren’t already headed to the auction block.

Underwater Homes, Late Payers & REOs

Despite the huge run up in Southern California home prices over the last couple of years, and rumors of bidding wars, UT San Diego reporters say local home prices are still 50% below their peak.

Trillions have been added to U.S. household wealth from rising home equity since 2008, yet there are still just under 10M American homes underwater on their mortgages. Many still may walk away from these homes, or be squeezed into foreclosure as banks become less lenient on late payers. Apply now to see if you qualify to snack some of these properties up.

The Distressed Pro blog which compiles mortgage data from banks showed around $6B to $7B in residential REOs still on the books of U.S. banks at the end of the first quarter 2016. This represents just around 30% of all REOs, and doesn’t count non-performing loans piled up behind them.

Even though foreclosure continue to spike in some regions RealtyTrac does show foreclosure activity down slightly year over year. According to the data compiler the top 5 states for foreclosures in December 2015 were Florida, Maryland, Nevada, Illinois and Ohio. 1 in every 436 Florida housing units received a new foreclosure notice in May. In many central Florida counties pre-foreclosure rates still appear to be at peak levels with around 1 in every 299 units receiving a foreclosure notice last month.

Market Wide Open for Savvy Investors with Access to Capital

According tothe National Association of Realtors 2015 Home Buyer Profile report regular home buyers are showing less interest in trying to chase down distressed foreclosures. This could be a combination of believing there aren’t many available, as well as having experienced very deeply distressed units or hassles with short sales. Big equity funds are out of the competition too, and instead are now funneling their funds down to investors to help rather than competing with them. Compare our rates to get in on the game.

This leaves billions of dollars in discounted properties up for grabs for income investors with access to capital. Thanks to new Buy to Rent mortgage programs from RentalHomeFinancing.com that cash is available for bulk buying and locking in both passive wealth building and long term passive income generation.

Apply now or call us today at 888-375-7977.

Read 13569 times Last modified on Monday, 05 June 2017 08:04

Related items

  • How To Find More Profit In Each Deal With Blanket Mortgage Financing

    How can real estate investors find more profit in each rental property by using blanket mortgage financing?

    Some media outlets and green property investors have recently griped about increased competition in the market, while others see increased, and even more opportunities opening up. Matters not if its a blanket loan, first single rental home, or commercial property, we got you covered. Whether coming up short on inventory or flush with more deals than you can handle no one wants to leave extra money on the table.

    Those that know how to find more room in every property are able to find opportunity where others can’t, and position themselves for maximum per deal, annual and overall returns.

    find more real estate profit.jpg

    Investing in real estate with smart tax strategies and knowing how to negotiate out liens and other fees others don’t know how to, have a significant advantage in the market today. However, even simple tweaks such as using superior investment property loan programs and lenders can make a substantial difference in profit margins and net returns.

    To find more spread in each deal investors need to reduce acquisition costs, and, or increasing operating cash flow. Blanket mortgage financing can enable rental property investors to do both.

    There are at least four ways blanket mortgage financing can aid rental home investors in reducing acquisition costs, including:

    • Acting as a cash buyer, or at least being a superior buyer, armed with working capital from a heavy weight and reliable mortgage lender
    • Buying rental properties in bulk, from other investors, at auctions, from government
    • Ability to close fast, providing negotiation power to demand deeper discounts
    • Reduced borrowing and closing costs from using one loan and one set of closing staff

    Ongoing cash low and operational profit margins are enhanced by:

    • Reduced paperwork, bookkeeping burdens and staffing or accounting costs
    • Eliminating risk associated with confusion when dealing with dozens of lenders, which can otherwise subject investors to practices such as forced placed insurance fraud, title complications and more
    • Enhanced credit ratings enable real estate investors to continue to obtain better investment mortgage rates and terms in the future. This comes as a benefit of only having one blanket mortgage, keeping other credit sources free, and reducing debt use burden perceived by credit rating bureaus
    • Streamlined access to more capital for rental property portfolio expansion
    • Ultimately blanket mortgage financing can both help investors reduce risk, and increase rental property returns. Why even think of using any other type of leverage?