Investors are finding it more difficult to buy up foreclosures in bulk and then rent them out for a sizable profit. Following the housing crash, investors were buying up foreclosed homes in bulk at bargain level prices and cashing in on rental profit returns. In some areas of the country, the strategy is proving still profitable, but in a growing number of areas, investors are seeing their profits aren’t what they once were due to rising home prices. Investors are finding it more difficult to buy up #foreclosures in bulk and then rent them out for a sizable profit.
Buyers Get Extended Offer Period onREOs, Fannie, Freddie give non-investor home buyers 'first look'.
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