Our communities are besieged by outside investors mainly because properties purchased decades ago are not updated and maintained to the standards needed to be sold in today’s current marketplace. This leads to mainly CASH-ONLY purchases where collusion keeps prices down but only in the hands of a few investors.
Sellers can work with The C.R.I.B. by selling at the appraised value, or raising monies for needed repairs in return for INVESTORS receiving a percentage share of the property, similar to a Mechanic’s Lien.