The Note House Finalizes Purchase of Another Multi State REO Purchase
Wednesday, January 23, 2013 | 0 Comments
The Note House announced Wednesday, January 23rd, 2013 that it has completed another multi state REO purchase. The portfolio consists of 38 properties located in Ohio, North and South Carolina.
“We believe these markets have great rental potential as well as appreciation possibilities over the next 12-16 months” said Calvo, president and founder of Florida based private equity real estate fund The Note House.
The Note House is on target to acquire over 1,000 REO’s for its REO fund. In addition it has multiple note purchases in the works with multiple global financial institutions.
“2013 is going to be an interesting year. The central planners at the FED and in Washington are pulling out all the stops to reinflate the housing market. Low interest rates coupled with many of the big banks and government agencies slowly releasing inventory into the market has helped create the illusion of a market recovery. That said, we think there is a tremendous opportunity for investors that really understand these market fundamentals” added Calvo who also announced that February 1st, 2013 he will be releasing his long awaited real estate educational audio program titled, “The Resourceful Real Estate Academy”
Calvo says, “I believe in the concept of the virtuous cycle. If I share my experience, as well as the strategies that my company is using daily to profit from this market it adds value to the real estate industry and helps others interested in this market succeed.”
The Note House LLC is a premiere nationally recognized purchaser of commercial and residential mortgage notes and REOs. Dedicated to simplifying the process of complex real estate transactions, The Note House team relies on in-depth market research and its combined experiences to ensure that each transaction is streamlined resulting in a win-win for all parties involved. For more information, visit: www.thenotehouse.us