Updated over 10 years ago on . Most recent reply
Homesearch.com strategy
Seems most of the homes in my area I find on homesearch.com are listed as occupied. Is this simply the result of the bank foreclosing and passing the problem of either an owner who was foreclosed on or a tenant to another buyer/investor? I noticed some of the rehabbers in my area have been buying occupied homes off homesearch and keeping them for some time. Is the strategy to try and do a cash for keys arrangement or move into an eviction process, or even try and cash flow the thing for a while? I have been thinking about trying to do this, but havent pulled the trigger because I would want them out, I dont want to wait. Wayne Brooks, comments?