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Apr 22, 2015 9:17 EST

Castlerock REO: We purchase foreclosed houses under $50,000 directly from banks and financial institutions and we sell them at the retail level with average markup of 60%

iCrowdNewswire - Apr 22, 2015

Castlerock REO

White Plains, NY 10604, US
Real Estate
castlerockreo.com

We have an interesting single family REO model which we have been implementing for several years now generating very high returns (23% to investors in last year’s fund). We purchase foreclosed houses under $50,000 directly from banks and financial institutions and we sell them at the retail level with average markup of 60%.We are looking to raise $6-$8 million for a new fund either via debt or equity or a combination of the 2..If you may be interested in investing I can send you our operating model.

Products / Services

Residential real estate

We purchase foreclosed houses under $50,000 directly from banks and financial institutions and we sell them at the retail level with average markup of 60%.

Management

Chief Executive Officer
Victor Naar

 

Contact Information:

Victor Naar
[email protected]

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