Fed's plan to turn Foreclosures into Rental Property!

[hakrjak]

Turning foreclosures into rentals - Jan. 9, 2012

So the Fed is essentially going to move forward with a plan that dumps foreclosures cheap to investors in the near future it sounds like.

I'm assuming that all of these deals will go to "accredited" investors with $millions to invest in blocks of 50-100 houses at a time. Once again the small investor will be labeled the enemy, and will be shut out of the game.

Any creative ideas on how to funnel these deals to smaller guys who don't have $10 million, but maybe have $20k and great credit? Maybe put together a Fastlane consortum?

Talk amongst yourselves...

- Hakrjak

 

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[bophisto]

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[InMotion]

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[Pete799p]

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[roc]

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[houseofcards]

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[Runum]

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[kirrubi]

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[oddball]

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[roc]

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[Runum]

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