REO

July Properties for Sale

Welcome Investor,

HomeReplay, LLC thanks you for your interest in this special package of investment property in Fort Wayne, Indiana. We are pleased that you have taken the time to review this package which we feels presents today’s best buys for “Rental Property” in Fort Wayne, IN.

These properties have been inspected by HomeReplay and have been renovated so they meet HUD Standards and qualify as Section 8 rentals. They are excellent income producing rentals with positive cash flow.

(Download the attached PDF for the rest of this article and the property list)

REO PROJECTS

How do you as a new investor take advantage of the current number of foreclosures and purchase a bank-owned or REO property? As the number of foreclosures continues to rise, more and more distressed properties will be available for investors who are prepared to buy these properties. Of course, the most obvious method for purchasing one of these properties is to spend cash, lots of cash. Then hold these properties as rentals, receiving a positive monthly cash flow until the market turns around and then sell off for a profit to new home owners.

REO Investment Properties - Which one should you buy?

As we start the new year of 2011, it promises to be more of the same. The economy is still sluggish, unemployment remains high, and foreclosures rates are continuing to climb. The retirement accounts people have been counting on for years are now evaporating under the added strain of bad economic conditions, increased taxes and government intervention and a general malaise of the public towards the future.