14-Year-Old Property Investor Buys Second Rental

In March of this year, 14-year-old Willow Tufano shocked the country by purchasing a rental property. Now, she’s got a second, according to NPR. According to the source, Tufano raised money to purchase her first home in Port Charlotte, Florida, by selling things on Craigslist. Her mother, a real estate…

Many industry members favor REO rental strategy

Amid discussions of how best to deal with the number of foreclosed homes currently in the inventories of the Federal Housing Administration and its sponsored enterprises, Fannie Mae and Freddie Mac, HousingWire reports that panelists at the American Securitization Forum stated they are leaning toward rental conversions. The idea of…

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