Start earning on your real estate investment during the foreclosure process.
The Smart Investment
What is a preREO?
A preREO is a delinquent first mortgage secured by either a vacant or tenant-occupied property. With “zombie” properties scattered throughout the United States, lenders often struggle to properly maintain these preREOs.
Why Choose preREO?
Vacant or tenant-occupied properties become a burden on lenders, incurring significant property preservation costs and often leave local communities suffering with the blight of abandoned and deteriorating homes.
preREO brings noteholders and community investors together, allowing for more efficient maintenance and improvement of these challenged properties.
We Have the Experience
Solution to the Problem
The preREO Solution
Find Assets Easily
Search and bid on profitable preREOs on one platform, which makes finding your next opportunity easy.
Partner with Knowledgeable Professionals
preREO connects you with experts familiar with this unique process including appointing a receiver, servicing a loan and more.
Positive Return on Your Investment
Start earning immediately by leasing or renting during the foreclosure process and see your community flourish.
Help local partners make a difference in their communities and earn a return. Finally, an investment with a cause anyone can fund.
preREO uses crowdsourced capital to help local partners purchase distressed mortgages from institutional sellers at discounts. Local partners invest 25% of the acquisition price and preREO contributes 75%.
Local partners pay preREO monthly and work towards resolution of the assets, such as loan modifications to keep families in their homes, or repair and resale of vacant homes that become REO. Crowdfund investors earn up to 7% per year and help rebuild communities across America.
Weekly preREO Meetup
Tuesdays at 2:30 PM CT
Our weekly Meetups are for new and experienced individual investors who are curious about investing in distressed mortgages, or non-performing notes. You’ll learn how you can partner with preREO, get personalized advice from seasoned professionals, and be supported by other investors.
Weekly preREO Education Series
Thursdays at 1:00 PM CT
Discover a new way to invest in real estate through buying distressed mortgages. Designed for individual investors, our free weekly webinars enable you to get started. You’ll learn how to find opportunities in your area through preREO.com and finance them through our unique partnership. The foreclosure market is getting stronger, so this is the perfect time to learn how to profit from non performing notes.
Step-By-Step training to buy distressed mortgages secured by vacant properties
Learn how to find first mortgages, bid, negotiate and buy distressed mortgages, take control of the property legally during the foreclosure process, and make a profit from rental income and selling after foreclosure.
Learn About preREO
Learn More About preREO
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