Anyone have experience with NexGen Invest?
I just had a good discussion with Zach Cormicle at NextGen Invest.
From my notes, here's what they offer:
- Sell non-financeable deals from $65K - $115K in Cleveland, OH - area suburbs
- Deals are sourced from distressed property sources (MLS, HUG, Fannie, Bank-owned (B of A, Chase, etc)
- They charge a flat $79/mo. fee to manage properties
- They're licensed general contractors and manage the rehabs of their deals
- Reno's take 3-5 weeks
They offer bulk purchases with up to a 5% discount depending on volume.
Has anyone had a chance to work with these guys or have any thoughts based on what you see? If so, I'm wondering if you can share your experiences.