Brightlane Corp. offers quality, professionally managed properties for rent or lease with additional pathways to homeownership.
Portfolio Acquisition Strategy
Brightlane seeks to acquire portfolios single family homes throughout the U.S. specifically in the affordable housing sector (sub $150,000).
Brightlane Corp. is equipped to access discounted quality affordable single-family homes through various acquisition channels including contractual relationships, bulk acquisitions of single-family homes from banks, mortgage servicers, competitors, hedge funds, government-sponsored enterprises, private investors, and other financial institutions.
We are able to acquire portfolios utilizing various transaction methodologies including:
- Stock (ideal for a variety of sellers, especially hedge funds facing a sunset period)
- Combination of cash and stock
As most real estate operating companies we seek a certain yield on occupied properties (ideally 12%+). However, we are open the acquisition of various other housing situations to include:
- REO properties (we are equipped nationwide for fix & flip, and fix & hold)
- Non-Performing-Loans (NPLs)
Brightlane is equipped to acquire properties and portfolios nationwide. However, we currently specialize on the greater southeastern U.S. - Texas east to Florida, and north to the Carolinas.
Portfolio size: 5 to 500 homes
Target yield rate: 12%+
Expenses: less than 50%