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Las Vegas Investment Group

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By DAVID COOPER 1.888.616.6226 | Landlord in Las Vegas, NV

BULK SALE HUD Real Estate Winning Bid 112% over Asking in.Nevada Auction. Investor Demand Growing

David Cooper http://www.lasvegaswinner.org In a sign of how competitive the bidding for the foreclosed homes was, the firm paid 112% of the properties’ estimated worth, according to a breakdown of the transaction by Fannie Mae.

Several hedge funds and other big investment groups backed with Wall Street money had lined up to bid on foreclosures. These big investors view a lucrative market for foreclosed homes converted to rental properties.


The Santa Monica real estate investment firm won an auction by the federal government to purchase 970 foreclosed homes in California, Arizona and Nevada from mortgage titan Fannie Mae for $176 million.

The bulk foreclosure sale is a pilot program by the Federal Housing Finance Agency, which oversees Fannie and sister company Freddie Mac. The program is intended to help clear the large numbers of foreclosed homes on the books of the two mortgage giants without crashing the housing market's recovery. Investors who purchase the homes will rent the properties out.  http://tiny.cc/r3d8mw

     The median sales price  Las Vegas NV for Aug 12 to Oct 12 was $134,000 .THE  median home sales price increased 19.1% in 1 year -FREE Foreclosure List


Don't Miss FREE List of Houses Selling Below $99,000  http://www.lasvegaswinner.org

    The Housing Market is in Full Recovery Mode and PRICES ARE MOVING UP! Add To or Start Building Your Portfolio NOW.
      You Will Never See Prices Like This 
Again In Your Lifetime!

  • HERE IS AN INCREDIBLE OPPORTUNITY TO PURCHASE LOW COST RENTAL HOMES THAT ALREADY PRODUCE 20%+ ANNUAL RETURNS IN POSITIVE CASH FLOW! Again, that is a 20% ANNUAL RETURN IN POSITIVE CASH FLOW 

  •      AFTER ALL OF YOUR EXPENSES ARE PAID. THESE RENTAL MACHINES ARE LOCATED IN THE BEST LAS VEGAS NEIGHBORHOODS . PROVIDING EXCELLENT TENANT DEMAND, HIGH RENTAL RATES, AND LOW BUY-IN PRICES FOR INVESTORS.

  •  INCOME PRODUCING REAL ESTATE IS BEING PURCHASED BY INVESTORS AT RATES WE HAVE NEVER SEEN BEFORE. JOIN THE TREND 
 
David Cooper 702-499-7037  http://www.lasvegaswinner.org 
 
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