Brightlane seeks to acquire Class A portfolios of single family homes throughout the U.S.
Brightlane Corp. is equipped to access discounted quality Class A 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%