For active investors in this plentiful REO home market, the problem isn’t finding that investment home. It's finding a qualified REO home that will create income and profit. Here at ezREOhomes.com, we have done the research for you. If you are ready to invest, then we have qualified, income generating, high-equity properties ready to contract. All of our properties have been inspected, appraised, and have met a 5-point home qualification test. Not only that, but we also have a team of contractors, lenders, and brokers ready to work with you immediately.
A Unique Way to Invest
Unique to the REO home investing market, ezREOhomes.com uses a 5-point qualification for all of our homes. All of our investment homes come pre-qualified to generate income and produce profit. Along with our team of contractors, inspectors, appraisers, lenders, and agents, you will be making more money quicker.
1. All-in-Cost is Less Than 45% of After Repair Value (ARV)
This means the acquisition cost of the REO property, rehab cost, and the holding cost all together is less than 45% of the After Repair Value
of the home. There’s profit to be made and plenty of equity in the REO home. Nobody
wants to waste time on an REO investment that only makes a little money. Our
investments are worth your time.
2. Appraised and Inspected
Our homes are appraised and inspected by licensed and insured professionals. Our rehab costs are estimated
by local qualified REO home inspectors and qualified contractors. Our ARV’s are from qualified home appraisers. Never worry again about getting a home with a crumbling foundation or unrepairable damage. We already filtered those "bad" homes out.
3. High Rental Income
Our REO homes also feature a high rate of rental income, especially in Georgia and Indiana. Rental income is crucial because it’s passive income. For example, one of our standard REO homes in Indiana has an all-in-cost of $35k and the home rents out at $650 per month. The cash on cash return (ROI) is about 20%. After refinancing 60% of the ARV (we suggest no than more 60% ARV), you can take out $35k of the initial investment plus $10-20k profit. The passive income is about $200 per home. You are building up passive income and net-worth at the same time. Each property gives you about 40% equity, $200 monthly rental income in addition to a $10k-$20k profit. Plus, you can repeat this process as many times as you like and with as many of our REO homes as you like.
4. Market
Our prime REO homes are in three particular markets: Florida, Georgia, and Indiana. For more details and an in-depth analysis of these areas, go to REO Home Markets. Our areas are very stable and feature a large market base of buyers.
5. Light Rehab
Rehabbing is a lot of work. This is why we feature REO homes that only need light rehab. Our REO homes’ rehab is typically less than 20k and is fast and easy and can be fully rehabbed within 45 days. We also have a group of skilled contractors available. Our contractors rehab REO homes in the Indiana, Florida and Georgia areas and are ready to work with you immediately.
